Former Motorola CEO Sanjay Jha named Globalfoundries CEO

GlobalfoundriesWhen Google acquired Motorola in 2012, its CEO at the time, Sanjay Jha, stepped down to make way for Google’s Dennis Woodside. After enjoying what appears to have been a long break, Jha was this week named as Globalfoundries’ new CEO. He takes over from Ajit Manocha who will return to his previous role of advisor to the company’s shareholder.

“Ajit has played an instrumental role in making GLOBALFOUNDRIES the second largest foundry in the world, delivering on customer relationships, technology leadership and operational excellence,” said Ibrahim Ajami, Vice Chairman of the GLOBALFOUNDRIES Board. “Sanjay is one of the most respected leaders in the technology industry and has a proven track record of consistently delivering shareholder value. His industry background and experience as a foundry customer will position GLOBALFOUNDRIES for continued growth.”

On Jha’s plate will be the company’s plans to upgrade capacity by completing the build out of a facility in Malta, New York, to support customers at the 14 nm technology node and upgrade other facilities in Singapore and Germany.

Sanjay Jha was Motorola’s CEO from 2008 to 2012. He served as Qualcomm’s chief operating officer before that.

GlobalFoundries is a contract chip manufacturer. Among its clients are companies such as Advanced Micro Devices and Qualcomm.

Source : Globalfoundries