Ajit Manocha, who has served as interim CEO of Globalfoundries Inc. since June, was appointed to the job on a permanent basis Monday (Oct. 31).
Manocha, a semiconductor industry veteran with more than 30 years experience, played a key role in strengthening Globalfoundries as interim CEO, focusing on improving operations, increasing customer engagement and laying the groundwork for technology leadership, Globalfoundries (Milpitas, Calif.) said in a statement.
"The Board worked diligently to review and interview a number of outstanding candidates who had excellent qualifications to become our CEO," said Jim Norling, Globalfoundries' chairman. "We were excited to see the caliber of individuals who were eager to lead this company. In the end, we decided the best candidate is in-house and we’re extremely pleased that Ajit has accepted our offer to become our permanent CEO."