Wolfspeed ousts CEO after seven years at helm of company
Credit: romesentinel.com
Buy Now Wolfspeed’s Mohawk Valley fab, shown above, is located on the Marcy Nanocenter on the SUNY Polytechnic Institute campus. Wolfspeed intends to close its chip manufacturing facility in North Carolina and shift device production to the Mohawk Valley plant, according to the company’s fourth quarter and fiscal year 2024 report. Sentinel file photo by John Clifford
NORTH CAROLINA — Wolfspeed is taking steps to “simplify its business” to accelerate the profitability and the buildout of its 200 mm silicon carbide plant in Marcy and the silicon carbide manufacturing facility in Siler City, North Carolina.
It will do so with a new company president and CEO, after the semiconductor firm ousted Gregg Lowe, who has overseen the company for the…..
