GlobalFoundries, a full-service semiconductor foundry, has hired Robert Krakauer as chief financial officer (CFO). Krakauer joins from LifeLock where he served as CFO. Reporting to GlobalFoundries chief executive officer (CEO), Doug Grose, Krakauer takes over responsibility for the company’s overall financial management, reporting and strategy, and financial analysis functions.
Krakauer succeeds Bruce McDougall, CFO since the company’s launch in March 2009. McDougall will assume a new role as CFO of ATIC, the majority shareholder of GlobalFoundries.
Prior to his role as CFO for LifeLock, Krakauer served as president and CFO for MagnaChip Semiconductor in Seoul, Korea and served as the executive vice president, corporate operations and CFO for ChipPac, which he helped go public on Nasdaq. Krakauer also held an executive leadership role in finance and business development for AlliedSignal after more than a decade of experience in different financial leadership roles for several leading global companies.
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