DURHAM – Wolfspeed, which is in the middle of major expansions across its semiconductor footprint, on Tuesday shuffled its board.
- Long-time board member Thomas Werner replaces Darren Jackson as board chairman.
- Stacy Smith replaces John Replogle as chair of the governance and nominations committee.
Werner has been a Wolfspeed board member since 2006. Jackson remains on the board.
“Wolfspeed is thrilled to welcome Tom as our new Board Chair,” said Gregg Lowe, Wolfspeed CEO, in the announcement which was made after markets closed.. “Tom is a proven innovator with vast experience in the energy and semiconductor industries, and will provide invaluable leadership as we further scale our operations to meet the growing demand for silicon carbide power devices.”
Werner is a semiconductor industry veteran, including tenure as CEO and chair of solar energy company SunPower.
Wolfspeed is selling its radio frequency business for $125 million
“It is my honor to serve as Wolfspeed’s Board Chair, and help Wolfspeed as it leads the transition from silicon to silicon carbide,” said Werner in the announcement. “Wolfspeed is on the cusp of truly changing the power electronics industry, and I am excited to be a part of that transformation.”
Smith, the non-executive chair of Autodesk, is also executive chair of Kioxia, formerly known as Toshiba Memory Corporation. He also spent 30 years at Intel in a variety of roles, including chief financial officer, chief information officer, and group president for sales, manufacturing and operations.
Wolfspeed reports quarterly financials on Oct. 30.
