I find this interesting:
In this capacity, Mr. Manocha will help in determining the strategic direction of the Company, and work closely with the Company's Executive Chairman and interim CEO in carrying out actions to support that strategic direction, specifically including: mergers and acquisitions (M&A), and related transitions; joint ventures, collaborations, partnerships and other industry relationships; assistance in capital raises; and identification and installation of a permanent CEO.
So we know what to expect in the future...
And this:
GlobalFoundries produces integrated circuits (IC) in high volume for semiconductor companies such as AMD, Apple, Broadcom, Qualcomm, Samsung, and STMicroelectronics.
Can you imagine the network Mr. Manocha brings to the board? This guy knows the entire semiconductor industry.