Vedanta appoints Terry Daly as Advisor for semiconductor business

Vedanta Limited on Tuesday announced the appointment of Terry Daly as Advisor for its semiconductor business. Daly will be responsible for providing strategic counsel and inputs as the conglomerate looks at setting up a state-of-the-art semiconductor fab unit and semiconductor assembling and testing unit in India.

“We are pleased to welcome Terry Daly to our team,” said David Reed, CEO, Vedanta-Foxconn Semiconductors Limited (VFSL). “As an industry veteran, Terry brings a vast wealth of knowledge and experience in managing several workstreams that are critical for establishing a world-class semiconductor fab,” the company said in a release.

Daly joined Vedanta from his post as an independent consultant in the microelectronics industry. His career assignments include GlobalFoundries, where he was Senior Vice President, holding positions as head of strategy and corporate development, chief of staff, and head of corporate program management. He was instrumental in establishing a strategic alliance on advanced technology with Samsung and in the acquisition of IBM’s microelectronics business.

Prior to that, Daly spent 26 years at IBM, the majority in its semiconductor division, where he held executive roles in business management, finance, manufacturing operations, program management, and strategy. Before joining IBM, he spent five years as an officer in the United States Army.