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Gregg Lowe departs Wolfspeed as president & CEO

What happened

Wolfspeed's board has agreed with CEO Gregg Lowe for his departure in November, triggering a search for a permanent replacement. This leadership transition at a key SiC materials and device supplier introduces uncertainty into the supply chain during a period of rapid EV and industrial demand growth. Watch: The sudden CEO change could disrupt Wolfspeed's execution on capacity expansions and customer commitments, potentially impacting SiC supply stability.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

SiC WafersSiC Power Devices
Wolfspeed Inc
leadership-changeuncertaintysupply-chain-disruption

Source and time

Source: Semiconductor Today · 11/19/2024 · View original source

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