Summary by Futu AI
On September 8, 2024, GlobalFoundries Inc. announced the appointment of Camilla Languille to its board of directors and to the People and Compensation Committee as well as the Strategy and Technology Committee. Languille, who is the Co-Deputy Chief Executive Officer of Mubadala Investment Company, GlobalFoundries' majority shareholder, will serve as a Class I director until the 2025 annual general meeting. She replaces Ahmed Saeed Al Calily, who resigned on the same day without any reported disagreements with the company. Languille's director compensation will align with that of other non-employee directors.