Tom Caulfield - HoF

Summary : Tom Caulfield - HoF: For pruning GLOBALFOUNDRIES to profitability and repositioning it to put applications before processes

Tom Caulfield — HoF: For pruning GLOBALFOUNDRIES to profitability and repositioning it to put applications before processes

  • Tom brought back customer confidence in GF's sustainability
    • Essential in the foundry model, because customer development windows are long and risky
  • Pivot resulted in sustainable profitability
    • Rationalizing fabs and committing GF to "stay in it's lane" as a manufacturing services company
    • The company had been built on an unsustainable dream of being on the bleeding edge
    • Even though Tom was the new exec on the job, he was an insider, which makes it even more remarkable

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