MALTA, NY, Dec 4, 2025 – GlobalFoundries (GF) appointed Matthew Zack as chief corporate development officer (CCDO), reporting to chief executive officer Tim Breen and joining the company’s executive leadership team.
Zack has experience in corporate development, driving growth through acquisitions and partnerships. He will lead GF’s efforts across mergers and acquisitions(M&A), partnerships, venture investments, and post-acquisition integration to support the company’s expanding technology portfolio.
Zack joins GF from Synopsys, where he co-led integration for the $35 billion Synopsys–Ansys deal. He previously served eight years as Ansys’ global head of corporate development, completing more than 20 acquisitions and partnerships and helping grow the company’s market cap from $8 billion to over $35 billion. He earlier held roles at SAP, Ariba and FreeMarkets and serves as chair of the board at EdgeCase.
“Matt joins us with a proven track record of driving impact through thoughtful, strategic corporate development leadership,” said Tim Breen, CEO of GF. “His experience in shaping transformative deals and building partnerships will help us execute our inorganic growth strategy and deliver even greater value for our customers and stakeholders.”
“GF is a global leader in the mission-critical semiconductor industry,” said Zack. “I look forward to working with this talented team to identify and execute opportunities that strengthen GF’s technology portfolio, accelerate innovation for customers worldwide and drive growth for our shareholders.”
Source: GlobalFoundries
About GF
GlobalFoundries is a semiconductor foundry that provides advanced manufacturing services for integrated circuits. It offers a range of technologies, including CMOS, RF, embedded memory, silicon photonics, and FinFET, catering to automotive, communications, defense, data center, industrial, and consumer electronics applications. Founded in 2009 after being spun off from AMD, GlobalFoundries has over a decade of experience delivering tailored semiconductor solutions. The company supports fabless chipmakers with design enablement, IP services, and process technologies to accelerate innovation and meet global demand. Headquartered in Malta, New York, it operates manufacturing sites in the U.S., Germany, and Singapore. The company develops technologies for emerging markets, supporting digital applications that demand energy efficiency and reliable performance.