Global Foundries announces CFO update
GlobalFoundries (NASDAQ:GFS) CFOÂ Tim StoneÂ will not assume his duties as CFO and willÂ depart the company effective July 11th.
David Reeder will remain as GFâs CFO through the end of the year, to support the selection of a new CFO and ensure an orderly transition to new financial leadership.  The company backs Q2 guidanceÂ provided earlier on May 9th.  Source: Press Release