GlobalFoundries overhauls its process owner model to drive transformation
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CIO
CIO
When Brad Clay became chief digital officer of GlobalFoundries in early 2021, he knew his role would be less about technology implementation and more about process change. In 2018, the $8 billion global semiconductor manufacturer announced a pivot in its business strategy: The company would no longer develop and produce 7-nanometer and smaller chip technologies; instead GlobalFoundries would focus on producing specialized chips for high-growth markets such as automotive, 5G, and the internet of things. “When we shifted from commodity contract wafer manufacturing to delivering more value to the…