13 February 2023
Wolfspeed expands senior leadership team to support growth
Wolfspeed Inc of Durham, NC, USA – which makes silicon carbide materials as well as silicon carbide (SiC) and gallium nitride (GaN) power-switching & RF semiconductor devices – has expanded its 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 senior VP, global expansion operations;
- Lisa Fritz is promoted to senior VP, global quality;
- Adam Milton is promoted to senior VP, global materials operations; and
- Missy Stigall is promoted to senior VP, global fab operations.
All four will report to president & 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,” says Lowe. “These promotions demonstrate our continued commitment to enhancing our culture of innovation, quality and execution.”
Additionally, Wolfspeed has expanded chief financial officer Neill Reynolds’ responsibilities to include procurement, planning and backend operations. The firm is announcing the following promotions to further support its accelerated expansion plan, each of whom will report to Reynolds:
- Jeff Ferraro is promoted to senior VP, global procurement and planning;
- Joe Roybal is promoted to senior VP, global backend operations; and
- Kevin Speirits is promoted to senior VP, finance.
On 1 February, Wolfspeed announced plans to build the world’s largest 200mm silicon carbide fab in Saarland, Germany. The new fab is part of the firm’s previously announced $6.5bn 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 Marcy, New York.
Rex Felton, senior VP of global operations, plans to leave Wolfspeed in March to spend more time with his family. “Rex has done an incredible job of putting the structures, processes and people in place that will allow our global operations to scale efficiently to meet our long-term growth plan,” comments Lowe.