GlobalFoundries Announces CFO Transition

GlobalFoundries (NASDAQ: GFS) announced on October 27, 2025, that John Hollister, the company's Chief Financial Officer, is leaving for personal reasons. Sam Franklin, the Senior Vice President of Business Finance, Operations, and Investor Relations, will serve as the Interim Chief Financial Officer while the company searches for a permanent replacement. CEO Tim Breen expressed confidence in Franklin's ability to manage the transition smoothly, citing his extensive experience and familiarity with the company's operations. The company's financial results for the quarter are expected to be within or above the previously announced guidance ranges. GlobalFoundries will host a conference call on November 12, 2025, to review the third quarter financial results.