GlobalFoundries announced the appointment of Niels Anderskouv as the new Chief Business Officer (CBO). Industry veteran, Niels Anderskouv joins as Chief Business Officer. Anderskouv will be responsible for driving GF's business strategy, including product and technology roadmap, sales, and go-to-market execution.

He has an extensive career in the semiconductor industry with more than 25 years of experience spanning engineering, executive management, and global leadership. He joins GF after serving as SVP and Executive Officer at Texas Instruments, where he was responsible for the company's multi-billion-dollar Analog Power business and brings deep expertise in power management, analog and mixed-signal technologies.