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GLOBALFOUNDRIES (GFS) President and COO Anderskouv to step down in March 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

GLOBALFOUNDRIES Inc. reported that President and Chief Operating Officer Niels Anderskouv intends to resign, effective March 2, 2026, to pursue another professional opportunity. The company stated that his decision is not due to any dispute or disagreement regarding its operations or policies.

Chief Executive Officer Tim Breen publicly praised Anderskouv’s leadership in shaping the company’s technology roadmap and strengthening customer partnerships. Following the resignation, Breen and other members of the executive leadership team will assume the responsibilities of President and Chief Operating Officer.

Positive

  • None.

Negative

  • None.

Insights

GF’s President/COO exit is a notable leadership change but framed as orderly.

GLOBALFOUNDRIES discloses that President and Chief Operating Officer Niels Anderskouv will resign effective March 2, 2026 to pursue another role. The company explicitly notes the decision did not arise from any dispute or disagreement over operations or policies, which helps limit governance concerns.

CEO Tim Breen emphasizes Anderskouv’s contributions in technology roadmap and customer partnerships, suggesting his tenure was viewed positively. Responsibilities will be absorbed by Breen and the executive leadership team, indicating no immediate external replacement plan is described in this disclosure.

This kind of senior leadership turnover can affect strategy execution, but the orderly transition described and internal allocation of duties point to continuity. Future company communications may offer additional detail on long-term organizational structure around the COO and president functions.


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2026
Commission File Number 001-40974
GLOBALFOUNDRIES Inc.
400 Stonebreak Road Extension
Malta, NY 12020
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
    Form 20-F   Form 40-F ☐    

On February 11, 2026, GLOBALFOUNDRIES Inc. (the “Company” or “GF”) announced that Niels Anderskouv intends to resign as President and Chief Operating Officer of the Company, effective as of March 2, 2026, to pursue another professional opportunity. Mr. Anderskouv’s decision to resign did not result from any dispute or disagreement with the Company, including with respect to any matters relating to the Company’s operations or policies.
“I want to take a moment to recognize and celebrate Niels’ many contributions to GF and the great partnership he has built with me and our leadership team over the past few years,” said Tim Breen, Chief Executive Officer of the Company. “His leadership helped shape a clear technology roadmap and deepen our partnerships with customers, positioning GF to deliver differentiated solutions and long-term value.”
The responsibilities of President and Chief Operating Officer will be assumed by Mr. Breen and other members of the executive leadership team.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
GLOBALFOUNDRIES Inc.
Date: February 11, 2026By:/s/ Sam Franklin
Name:Sam Franklin
Title:Chief Financial Officer

FAQ

What leadership change did GLOBALFOUNDRIES (GFS) announce in this 6-K?

GLOBALFOUNDRIES announced that President and Chief Operating Officer Niels Anderskouv will resign effective March 2, 2026. The company says he is leaving to pursue another professional opportunity and that his decision is not due to any dispute or disagreement with its operations or policies.

Why is GLOBALFOUNDRIES executive Niels Anderskouv resigning?

The filing states that President and Chief Operating Officer Niels Anderskouv intends to resign to pursue another professional opportunity. It also clarifies that his decision did not result from any dispute or disagreement with GLOBALFOUNDRIES about its operations, policies, or other company matters.

When will the resignation of GLOBALFOUNDRIES’ President and COO become effective?

Niels Anderskouv’s resignation as President and Chief Operating Officer will become effective on March 2, 2026. Until that date, he remains in his current roles, after which his responsibilities will be reallocated within the senior leadership team at GLOBALFOUNDRIES.

Who will take over the responsibilities of GLOBALFOUNDRIES’ President and COO after the resignation?

Following Niels Anderskouv’s resignation, the responsibilities of President and Chief Operating Officer will be assumed by Chief Executive Officer Tim Breen and other members of the executive leadership team. The filing does not describe the appointment of a new standalone President or COO in this disclosure.

Did GLOBALFOUNDRIES report any disputes related to the executive’s resignation?

GLOBALFOUNDRIES specifically states that Niels Anderskouv’s decision to resign did not result from any dispute or disagreement with the company. This includes matters relating to the company’s operations, policies, or other corporate issues, aiming to reassure stakeholders about governance stability.

How did GLOBALFOUNDRIES’ CEO describe Niels Anderskouv’s contributions?

CEO Tim Breen praised Niels Anderskouv’s leadership, highlighting his role in shaping a clear technology roadmap and deepening partnerships with customers. Breen said these efforts helped position GLOBALFOUNDRIES to deliver differentiated solutions and long-term value, underscoring a positive view of Anderskouv’s tenure.
Globalfoundries Inc.

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