GLOBALFOUNDRIES CEO Ajit Manocha Elected Chairman of Semiconductor Industry Association

Dr. John E. Kelly III, IBM senior vice president and director of IBM Research, elected SIA vice chairman

SAN JOSE, Calif., Nov. 29, 2012 /PRNewswire-USNewswire/ -- The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that the SIA Board of Directors has elected GLOBALFOUNDRIES CEO Ajit Manocha as its 2013 chairman and Dr. John E. Kelly III, IBM senior vice president and director of IBM Research, as its 2013 vice chairman.

"Ajit Manocha has proved to be a tremendous asset to GLOBALFOUNDRIES and the overall U.S. semiconductor industry," said Brian Toohey, SIA president and CEO. "Ajit's outstanding technical background and extensive industry experience make him the ideal leader to serve as 2013 SIA chairman and to help ensure that the semiconductor industry continues to create jobs, drive economic growth and build a better future for our country."

Since taking over as CEO in 2011, Manocha has led GLOBALFOUNDRIES' efforts to fundamentally restructure the landscape of the semiconductor foundry industry through a collaborative approach to both technology development and customer engagement. Under Manocha's leadership, GLOBALFOUNDRIES is now the fastest growing semiconductor company in the world, according to industry analyst IC Insights. Manocha began his career as a research scientist and was granted over a dozen U.S. and international patents for several inventions in the field of microelectronics. Before joining GLOBALFOUNDRIES, Manocha served as executive vice president of worldwide operations and a member of the executive management board at Spansion.