SCANDAL

November 2nd, 2009

GlobalFoundries Chairman Hector Ruiz Stepping Down with Connections to Insider-Trading Scandal

The former AMD CEO and current GlobalFoundries Chairman, Hector Ruiz, has announced he will be stepping down from his role as of January 4th, 2010 and taking a voluntary leave of absence effective immediately. The statement is speculated to be a result of Mr.Ruiz ties to the Galleon Group, one of the world’s largest hedge [...]