Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: why did Ajit Manocha leave

A slight but perhaps meaningful correction to the BusinessWeek list Fair - it seems Ajit was actually advisor to GlobalFoundries' parent, ATIC, prior to being named Interim CEO of Global Foundries . . .

'. . . Manocha also served as an advisor to the Advanced Technology Investment Corporation (ATIC), GLOBALFOUNDRIES’ investor.'

http://ceocouncil.wsj.com/?speakers=ajit-manocha

ATIC is an investment company in the high tech sector, owned by Mubadala Development Company, a wholly owned investment vehicle of the Government of Abu Dhabi in the United Arab Emirates. ATIC wholly owns Global Foundries, the world’s second largest semiconductor foundry company by revenue.

And from GF's site, Ajit re-assumes his advisor role to both ATIC and GF (effective January 2014) . . .

'. . . Ajit Manocha, who served as an advisor to the company's shareholder prior to being appointed CEO of GLOBALFOUNDRIES in mid-2011, will return to that role and will work closely with Jha on his transition.'

http://www.globalfoundries.com/newsroom/press-releases/2014/02/13/globalfoundries-announces-new-chief-executive-to-lead-next-phase-of-growth

If I remember correctly from my conversation with him at the AGM, Ajit said he was retaining all his existing commitments, but not adding anything new. If it still holds within context of his new POET responsibility, the significance is apparent.

In any case a grand accomplishment by Copetti.

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