Mike McDevitt is no longer the “interim” chief financial officer at Cree (Nasdaq: CREE).
The light emitting diode and semiconductor firm on Monday said McDevitt would be its new executive vice president and CFO.
He had been named to the post on an interim basis last May.
McDevitt took on that role when former Cree CFO John Kurtzweil resigned to take a similar post at Extreme Networks.
“Mike is an invaluable member of the Cree team and I am very pleased to announce his appointment as CFO,” said Chuck Swoboda, Cree’s chairman and CEO. “After conducting an exhaustive national search, we realized Mike is the best candidate for the job. Mike’s proven leadership will help Cree drive innovation and accelerated adoption of LED lighting.”
McDevitt has worked at Cree in executive roles for more than a decade, serving as director of sales operations in 2011-2012, director of financial planning from 2005-2011 and corporate controller from 2002-2005.
[CREE ARCHIVE: Check out a decade of Cree stories as reported in WRAL Tech Wire.]