AGM/EGMJul 29, 2026, 04:58 PM
GLOBALFOUNDRIES Shareholders Elect Directors, Board Size Reduced
AI Summary
GLOBALFOUNDRIES Inc. announced the results of its Annual General Meeting (AGM) held on July 28, 2026. Shareholders approved the election of David Kerko, Jack Lazar, and Carlos Obeid as Class II directors for three-year terms. Additionally, the appointment of PricewaterhouseCoopers LLP as the independent public accounting firm for fiscal year 2026 was ratified. Following the AGM, Ms. Elissa Murphy resigned from the Board, and Mr. Martin L. Edelman's term expired, reducing the Board's size from thirteen to eleven directors.
Key Highlights
- Shareholders elected David Kerko as Class II director with 99.53% in favor.
- Shareholders elected Jack Lazar as Class II director with 94.44% in favor.
- Shareholders elected Carlos Obeid as Class II director with 82.35% in favor.
- PricewaterhouseCoopers LLP ratified as independent public accounting firm with 99.98% in favor.
- Ms. Elissa Murphy resigned from the Board of Directors.
- Mr. Martin L. Edelman's term as Class II director expired.
- Board of Directors size reduced from thirteen to eleven directors.
Price Impact
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