GloFo wields axe
The axe has swung at GloFo with the departure of CEO Doug Grose and COO Chia Song Hwee.
GloFo has not got a successor CEO in place, and will now begin a search for one. While the search goes on, Ajit Manocha, formerly of Spansion and NXP, has been made interim CEO.
Jim Norling – remembered as the Motorola Semiconductor veteran, becomes executive chairman of GloFo.
Ajit Manocha, the CEO of GloFo’s backer ATC, becomes vice chairman.