Wolfspeed ( (WOLF) ) just unveiled an announcement.
On March 27, 2025, Wolfspeed, Inc. announced the appointment of Robert Feurle as the new Chief Executive Officer, effective May 1, 2025. Feurle, a veteran in the semiconductor industry, is expected to drive operational excellence and enhance profitability at Wolfspeed. His extensive experience in managing large business units and strategic initiatives in the semiconductor sector aligns with Wolfspeed’s strategic vision for long-term value creation. This leadership change is anticipated to bolster Wolfspeed’s market position and financial performance, as the company aims to accelerate its path to positive free cash flow and strengthen its balance sheet.
More about Wolfspeed
Wolfspeed, Inc. is a leading company in the global silicon carbide technology industry, providing advanced semiconductor solutions for various applications. The company focuses on silicon carbide materials, power modules, discrete power devices, and power die products, positioning itself as a pioneer in the market.
YTD Price Performance: -11.76%
Average Trading Volume: 19,849,814
Technical Sentiment Signal: Buy
Current Market Cap: $910.1M
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