MALTA -- GlobalFoundries CEO Sanjay Jha is stepping down from the firm's top post to work more closely with Mubadala Investment Co., the semiconductor manufacturing firm's owner, GlobalFoundries announced Tuesday.
Thomas Caulfield, senior vice president and general manager of GlobalFoundries Fab 8 facility in Saratoga County, will take over the CEO post, according to the company statement.
Caulfield joined the computer chipmaker in 2014 after a career of engineering, management, operational leadership and global executive positions with technology companies, including 17 years at IBM in a variety of senior leadership roles, GlobalFoundries said.
The Santa Clara, California-based company credited Caulfield with building and bringing the 14nm production facility in the Luther Forest technology park online.
“I am honored to be given this chance to lead (GlobalFoundries) at such an exciting time at the company and in our industry,” said Caulfield, in a prepared statement. “With exciting new customers coming into the market, we have the unique technology portfolio and executional track record to reset the competitive playing field in the rapidly-growing foundry segment. And we will continue to change the industry that is changing the world.”
Caulfield will no longer be based strictly at GlobalFoundries' Fab 8 plant in Malta, a company spokesman said. He'll be here regularly, but as part of a regular circuit between the company's other factories and its California headquarters, as well as customers, suppliers and partners.
Ron Sampson will take over from Caulfield as general manager of Fab 8, in addition to the role of senior vice president. He currently leads operations and technology development supporting semiconductor manufacturing production at Fab 8.
Sampson has nearly 30 years of experience in the industry, and before joining GlobalFoundries in August 2014, he spent 20 years at STMicroelectronics, including as acting general manager of its Phoenix manufacturing site.
GlobalFoundries has approximately 3,300 full-time employees at Fab 8.
"We will continue to invest to differentiate and grow the business and further consolidate the industry through partnerships, in a way that allows us to better serve our customers,” said Ahmed Yahia Al Idrissi, chairman of the firm's board of directors, in a prepared statement. “Sanjay delivered on strategic milestones which set the company on the right path, and we would like to thank him for his significant contributions. Tom, with his 25-year track-record of operational excellence and delivering for customers, will take the company to the next level of success.”