Wolfspeed Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	1.9yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO

Wolfspeed has no CEO, or we have no data on them.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Werner	Executive Chairman of the Board	18.8yrs	US$290.40k	0.070% $ 686.0k
Neill Reynolds	Executive VP & CFO	6.4yrs	US$4.83m	0.087% $ 847.1k
John Edmond	Co-Founder & Research Fellow	no data	no data	no data
Elif Balkas	Chief Technology Officer	2yrs	no data	no data
Priya Almelkar	Senior VP of IT & Chief Information Officer	1.5yrs	no data	no data
Tyler Gronbach	Vice President of Investor Relations	no data	no data	no data
Melissa Garrett	Senior VP & General Counsel	less than a year	no data	no data
Melinda Walker	Director of Corporate Communications	no data	no data	no data
Rick Madormo	Senior Vice President of Global Sales & Marketing	2.6yrs	no data	no data
Margaret Chadwick	Chief Human Resources Officer	no data	no data	no data
Jay Cameron	Senior VP & GM of Power	no data	no data	no data
Lisa Fritz	Senior Vice President of Global Quality	1.9yrs	no data	no data

1.9yrs

Average Tenure

55yo

Average Age

Experienced Management: 0I4Q's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Werner	Executive Chairman of the Board	18.8yrs	US$290.40k	0.070% $ 686.0k
Darren Jackson	Independent Director	8.7yrs	US$285.40k	0.064% $ 629.5k
Glenda Dorchak	Independent Director	5yrs	US$262.90k	0.012% $ 117.4k
Clyde Hosein	Independent Director	19.1yrs	US$270.40k	0.034% $ 331.1k
Duy-Loan Le	Independent Director	6.3yrs	US$252.90k	0.042% $ 408.5k
George Young	Director	less than a year	no data	0.016% $ 157.0k
John Replogle	Independent Director	11yrs	US$260.40k	0.059% $ 574.0k
Stacy J. Smith	Lead Independent Director	2yrs	US$252.90k	0.031% $ 300.4k
Thomas Seifert	Director	less than a year	no data	no data
John Hodge	Independent Director	6.3yrs	US$255.40k	0.013% $ 125.9k
Marvin Riley	Independent Director	4yrs	US$250.40k	0.0086% $ 83.5k

6.3yrs

Average Tenure

61yo

Average Age

Experienced Board: 0I4Q's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 04:07
End of Day Share Price	2025/01/17 00:00
Earnings	2024/09/29
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wolfspeed, Inc. is covered by 61 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Alexi Unger	Arete Research Services LLP
James Fontanelli	Arete Research Services LLP
Amir Rozwadowski	Barclays

Wolfspeed Management

Management criteria checks 1/4

Key information

Recent management updates

Wolfspeed, Inc. Announces Management Changes

Wolfspeed, Inc. Appoints Melissa Garrett as Senior Vice President and General Counsel

Independent Director recently bought US$250k worth of stock

Wolfspeed Announces Gregg Lowe to Depart as Chief Executive Officer

Wolfspeed, Inc., Annual General Meeting, Dec 05, 2024

Wolfspeed, Inc., Annual General Meeting, Dec 05, 2024

Recent updates

New minor risk - Shareholder dilution

Wolfspeed, Inc. has completed a Follow-on Equity Offering in the amount of $200 million.

Wolfspeed, Inc. has filed a Follow-on Equity Offering in the amount of $200 million.

Wolfspeed, Inc. Announces Management Changes

Wolfspeed, Inc. Appoints Melissa Garrett as Senior Vice President and General Counsel

Independent Director recently bought US$250k worth of stock

Bronstein, Gewirtz & Grossman LLC Files Class Action Lawsuit Against Wolfspeed, Inc

Wolfspeed Announces Gregg Lowe to Depart as Chief Executive Officer

First quarter 2025 earnings released: US$2.23 loss per share (vs US$0.99 loss in 1Q 2024)

Wolfspeed, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2025

Wolfspeed, Inc. to Report Q1, 2025 Results on Nov 06, 2024

Wolfspeed, Inc., Annual General Meeting, Dec 05, 2024

Wolfspeed, Inc., Annual General Meeting, Dec 05, 2024

Clyde R. Hosein and John B. Replogle Not to Stand for Re-Election as Board Members of Wolfspeed, Inc

New minor risk - Profitability

Full year 2024 earnings released: US$4.56 loss per share (vs US$2.65 loss in FY 2023)

Wolfspeed, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2025

New major risk - Share price stability

Wolfspeed, Inc. to Report Q4, 2024 Results on Aug 21, 2024

The Portnoy Law Firm Announces Filling of Class Action Against Wolfspeed, Inc

New minor risk - Profitability

Wolfspeed, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Third quarter 2024 earnings released: US$1.18 loss per share (vs US$0.80 loss in 3Q 2023)

Jana Partners Urges Wolfspeed to Explore Ways to Other Strategic Alternatives

New minor risk - Profitability

New major risk - Share price stability

New major risk - Share price stability

Independent Director recently bought US$258k worth of stock

Now 21% undervalued after recent price drop

Insufficient new directors

Wolfspeed, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2024

Wolfspeed, Inc. to Report Q2, 2024 Results on Jan 31, 2024

First quarter 2024 earnings released: US$0.99 loss per share (vs US$0.21 loss in 1Q 2023)

Wolfspeed, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024

Wolfspeed, Inc. Announces Board Changes

Wolfspeed, Inc. to Report Q1, 2024 Results on Oct 30, 2023

Wolfspeed, Inc., Annual General Meeting, Oct 23, 2023

MACOM Technology Solutions Holdings, Inc. (NasdaqGS:MTSI) entered into a definitive agreement to acquire The Radio Frequency Business from Wolfspeed, Inc. (NYSE:WOLF) for approximately $130 million.

New minor risk - Profitability

Wolfspeed, Inc. Provides Earnings Guidance for the First Quarter Ending September 24, 2023

Full year 2023 earnings released: US$2.65 loss per share (vs US$2.46 loss in FY 2022)

Wolfspeed, Inc. Appoints Priya Almelkar as Senior Vice President, IT and Chief Information Officer

Wolfspeed, Inc. announced that it expects to receive $1.25 billion in funding from Apollo Global Management, Inc. and other investors.

Wolfspeed, Inc. announced that it expects to receive $1.25 billion in funding from Apollo Global Management, Inc. and other investors.

No longer forecast to breakeven

Independent Director recently bought US$502k worth of stock

Third quarter 2023 earnings released

Wolfspeed, Inc. Announces Management Appointments

Wolfspeed, Inc. Provides Financial Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: US$0.73 loss per share (vs US$0.82 loss in 2Q 2022)

Forecast breakeven date pushed back to 2025

Wolfspeed, Inc. Appoints Stacy Smith to Board of Directors

Forecast breakeven date moved forward to 2024

Wolfspeed, Inc. to Report Q2, 2023 Results on Jan 25, 2023

Wolfspeed, Inc. Announces Changes to its Chief Technology Officer

Independent Director recently bought US$455k worth of stock

Independent Director recently bought US$225k worth of stock

First quarter 2023 earnings released: US$0.21 loss per share (vs US$0.60 loss in 1Q 2022)

Wolfspeed, Inc. Provides Financial Guidance for the Second Quarter of Fiscal 2023

Wolfspeed, Inc., Annual General Meeting, Oct 24, 2022

Independent Director recently bought US$241k worth of stock

Full year 2022 earnings released: US$2.46 loss per share (vs US$3.04 loss in FY 2021)

Wolfspeed, Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year 2023

Wolfspeed, Inc. to Report Q4, 2022 Results on Aug 17, 2022

Independent Director recently sold US$76k worth of stock

Wolfspeed, Inc. Announces Executive Changes

Independent Director recently bought US$505k worth of stock

President recently bought US$256k worth of stock

Third quarter 2022 earnings released: US$0.54 loss per share (vs US$0.59 loss in 3Q 2021)