GlobalFoundries scraps plan to appoint former top Amazon executive as CFO

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July 11 (Reuters) - Chipmaker GlobalFoundries (GFS.O) has shelved its plan to appoint former Amazon executive Tim Stone as chief financial officer, it said on Tuesday, two months after choosing him...

It said current CFO David Reeder will remain in the role through the end of the year as it looks for a new candidate...

GlobalFoundries had in May named Stone, who was at Amazon (AMZN.O) for more than 20 years and served as CFO for AWS and Devices businesses..