Tom Caulfield - All Star 2018

Relevant Date :2018-12-19

Summary : Tom Caulfield: For GLOBALFOUNDRIES' strategic pivot to a differentiated strategy

Tom Caulfield — All Star 2018: For the strategic pivot that scaled back GLOBALFOUNDRIES' from a similarian strategy to focus on its differentiated technology

It takes guts to scale back a company for sustainable profitability
- Even though Tom was the new exec on the job, he was an insider, which makes it even more remarkable
- The company had been built on an unsustainable dream of being on the bleeding edge
Tom's Pivot brought back customer confidence in GF’s sustainability
- Essential in the foundry model, because customer development windows are long and risky

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