Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, today announced the expansion of the company’s senior leadership team (SLT) with the promotion of four Global Operations leaders, as part of its accelerated growth and capacity expansion plan.
• Tom Agron is promoted to SVP, Global Expansion Operations;
• Lisa Fritz is promoted to SVP, Global Quality;
• Adam Milton is promoted to SVP, Global Materials Operations; and
• Missy Stigall is promoted to SVP, Global Fab Operations.
All four leaders will report to CEO Gregg Lowe.
“Wolfspeed is growing at an unprecedented rate, and Tom, Lisa, Adam and Missy each made tremendous contributions in shaping the company we are today. These promotions demonstrate our continued commitment to enhancing our culture of innovation, quality and execution. I expect an even bigger impact from them in the years ahead,” said Lowe,
Earlier this month, Wolfspeed announced its plans to build the world’s largest and most advanced 200mm Silicon Carbide fab in Saarland, Germany. The new fab is part of the company’s previously announced $6.5-billion global capacity expansion plan, which also includes the John Palmour Manufacturing Center for Silicon Carbide, the world’s largest Silicon Carbide crystal growth facility currently under construction in North Carolina, and final build-out of the company’s Mohawk Valley Fab in New York.
Wolfspeed claims to lead the market in the worldwide adoption of Silicon Carbide and GaN technologies. “We provide industry-leading solutions for efficient energy consumption and a sustainable future,” says the company website.
WOLF shares gained 28 cents to $79.27.
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