Finance
GlobalFoundries Names Sam Franklin as CFO After Interim Stint
Published by Global Banking & Finance Review®
Posted on December 11, 2025
1 min readLast updated: January 20, 2026
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GlobalFoundries names Sam Franklin as CFO, succeeding David Reeder. Franklin's leadership is expected to drive growth amid rising semiconductor demand.
GlobalFoundries Appoints Sam Franklin as New CFO
Dec 10 (Reuters) - GlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding David Reeder, who stepped down earlier this year.
Franklin, interim CFO since October, previously served as senior vice president of business finance and operations and investor relations at GlobalFoundries.
Prior to joining GlobalFoundries in 2022, Franklin held senior finance roles at Mubadala Investment Company, MUFG Bank and Barclays.
Franklin's leadership will help the company "capitalize on significant opportunities ahead" as demand for semiconductors accelerates with the rise of artificial intelligence, said CEO Tim Breen.
GlobalFoundries has been investing in differentiated technologies to support AI workloads from data centers.
One of the few large foundries with significant capacity outside China and Taiwan, GlobalFoundries makes chips for companies including Advanced Micro Devices, Qualcomm and NXP Semiconductors. It runs chip plants in Germany, Singapore, New York, and Vermont.
Last month, the company had forecast fourth-quarter revenue of $1.80 billion, plus or minus $25 million, a touch above estimates of $1.79 billion, according to data compiled by LSEG.
(Reporting by Kritika Lamba in Bengaluru; Editing by Maju Samuel)
Key Takeaways
- •Sam Franklin appointed as GlobalFoundries CFO.
- •Franklin succeeds David Reeder, who stepped down.
- •Franklin has a strong background in finance roles.
- •GlobalFoundries aims to capitalize on AI opportunities.
- •Company forecasts strong Q4 revenue amid demand.
Frequently Asked Questions about GlobalFoundries names Sam Franklin as CFO after interim stint
1What is a chief financial officer (CFO)?
A chief financial officer (CFO) is a senior executive responsible for managing the financial actions of a company, including financial planning, risk management, record-keeping, and financial reporting.
2What is artificial intelligence (AI)?
Artificial intelligence (AI) refers to the simulation of human intelligence in machines programmed to think and learn. AI is used in various applications, including data analysis, automation, and enhancing user experiences.
