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GlobalFoundries Appoints Sam Franklin as Chief Financial Officer

GlobalFoundries (NYSE:GFS) appointed Sam Franklin as Chief Financial Officer, effective immediately on Dec 10, 2025.

(Neutral)

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Rhea-AI Summary

GlobalFoundries (NYSE:GFS) appointed Sam Franklin as Chief Financial Officer, effective immediately on Dec 10, 2025. Franklin previously served as Senior Vice President of Business Finance & Operations and Investor Relations and was recently Interim CFO. He joined GF in 2022 and has overseen finance operations, business finance, investor relations, capital markets and treasury.

Management says Franklin's financial leadership will support GF's focus on profitability, operational excellence and scaling AI-related technologies. Franklin said he will advance strategic priorities and create long-term value for shareholders.

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Positive

  • CFO appointment effective Dec 10, 2025
  • Internal hire with GF tenure since 2022
  • Previously served as Interim CFO before formal appointment

Negative

  • None.
Argus Dec 11 session
-1.09% close to close Open Argus
Details

News Market Reaction – GFS

On Dec 11, the first trading day after this news, GFS closed 1.09% below the previous close.

Data tracked by StockTitan Argus for the Dec 11 session.

Key Figures

CFO effective date: Dec. 10, 2025 Joined company: 2022
CFO effective date
Dec. 10, 2025
Sam Franklin appointed Chief Financial Officer effective immediately
Joined company
2022
Franklin has held senior finance and IR roles since joining GF

Historical Context

5 past events · Latest: Nov 19
5 events
  1. Nov 19

    Defense partnership

    24h Move
    +0.3%

    Collaboration with BAE Systems on radiation-hardened space semiconductors.

  2. Nov 17

    Strategic acquisition

    24h Move
    -0.3%

    Acquisition of AMF to build largest silicon photonics foundry.

  3. Nov 14

    Investor webinar

    24h Move
    +1.0%

    Announcement of business and strategy webinar focused on Physical AI.

  4. Nov 12

    Q3 earnings

    24h Move
    -1.8%

    Q3 2025 results with $1.688B revenue and improved profitability.

  5. Nov 10

    Tech licensing deal

    24h Move
    +1.6%

    Licensing GaN power technology from TSMC for U.S. production.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Franklin’s proven financial leadership and strategic expertise will support GF’s continued growth and profitability

MALTA, N.Y., Dec. 10, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (GF) today announced that its Board of Directors has appointed Sam Franklin as Chief Financial Officer, effective immediately. Mr. Franklin previously served as Senior Vice President of Business Finance & Operations and Investor Relations and recently Interim CFO.

“We are delighted to have Sam formally appointed as CFO,” said Tim Breen, CEO of GF. “His proven leadership and financial expertise will accelerate GF’s momentum and capitalize on the significant opportunities ahead. As we continue to drive profitability and deliver differentiated technologies for the scaling of AI from the data center to the physical world, Sam’s ability to deliver results and partner across the organization will be critical to our success.”

Franklin brings extensive financial leadership experience and a proven track record of driving operational excellence and strategic growth. He joined GF in 2022 and has held senior roles overseeing finance operations, business finance, investor relations, capital markets and treasury. His deep understanding of GF’s business and commitment to disciplined financial management position him to lead the company’s finance and operations organization as GF continues to execute its long-term strategy.

“I am thrilled to take on this role and support the acceleration of GF’s mission to deliver essential chip technologies to our customers,” said Franklin. “As the secular drivers and demand for semiconductors continue to ramp, GF is building a strong foundation for its next phase of robust, sustainable and profitable growth. I look forward to working with our talented teams across the world to advance our strategic priorities, drive operational excellence and create long-term value for our shareholders.”

About GF

GlobalFoundries (GF) is a leading manufacturer of essential semiconductors the world relies on to live, work and connect. We innovate and partner with customers to deliver more power-efficient, high-performance products for automotive, smart mobile devices, internet of things, communications infrastructure and other high-growth markets. With our global manufacturing footprint spanning the U.S., Europe, and Asia, GF is a trusted and reliable source for customers around the world. Every day, our talented global team delivers results with an unyielding focus on security, longevity, and sustainability. For more information, visit www.gf.com.

Forward-looking information

This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.

Media contact:
Erica McGill
erica.mcgill@globalfoundries.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did GlobalFoundries appoint Sam Franklin as CFO (GFS)?

Sam Franklin was appointed Chief Financial Officer effective Dec 10, 2025.

What roles did Sam Franklin hold at GlobalFoundries before becoming CFO (GFS)?

He served as Senior Vice President of Business Finance & Operations, Investor Relations, and was recently Interim CFO.

How long has Sam Franklin worked at GlobalFoundries (GFS)?

Franklin joined GlobalFoundries in 2022 and has held senior finance roles since then.

What priorities did GlobalFoundries highlight for CFO Sam Franklin (GFS)?

The company highlighted profitability, operational excellence, and advancing AI‑related chip technologies.

Will Sam Franklin lead GlobalFoundries' finance and treasury teams (GFS)?

Yes; he will lead the company’s finance and operations organization, including capital markets and treasury.

Does the appointment of Sam Franklin include financial guidance or targets for GlobalFoundries (GFS)?

No specific financial guidance or numeric targets were provided with the appointment announcement.

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