Latest News

Wolfspeed Appoints Five Experienced Directors to Board

DURHAM, N.C. — Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technologies, today announced that in connection with its emergence from the Chapter 11 process, it has appointed Anthony M. Abate, Mike Bokan, Eric Musser, Hong Q. Hou, and, pending certain regulatory approvals, Aris Bolisay, to its Board of Directors (the “Board”). Anthony M. Abate will succeed Tom Werner as Chairman of the Board. The new Board members will join current Board members, Mark Jensen and Paul Walsh, who will continue in their roles as directors.

“We are pleased to welcome these new members to our Board. They bring extensive semiconductor and industry knowledge, deep accounting and finance expertise, and experience guiding companies towards profitability. Their insight and leadership will be instrumental as we build on the current momentum underway, oversee the execution of Wolfspeed’s strategic priorities, and strengthen our position in the global silicon carbide market,” commented Wolfspeed CEO Robert Feurle.

Wolfspeed also today announced that in connection with these appointments Tom Werner, Glenda Dorchak, John Hodge, Darren Jackson, Duy-Loan Le, Stacy Smith, and Marvin Riley have stepped down from the Board.

Feurle concluded, “I would like to thank our former Board members for their service and dedication to Wolfspeed, particularly over the last few months as we have navigated our financial restructuring. Their leadership, input, and expertise have been vital throughout this process. We wish them all the best in their future endeavors.”

About Anthony M. Abate

Mr. Abate is an experienced board director, entrepreneur, and executive with more than four decades of leadership in technology, telecom, and consumer sectors.

Mr. Abate currently serves as chairperson of GTT Communications, a leading global Tier-1 IP network operator, Mitel, a business communications and collaboration service provider, and Tacora Resources, a specialty iron-ore mining company. Previously he served as chairperson & lead director of Southeastern Grocers, independent director and audit committee chair of Denbury, Inc (DEN), and independent director of TOPS (now Northeastern Grocers), Broadview Networks, Looking Glass Networks, and Cbeyond Communications.

Mr. Abate spent 16 years in operating roles, most recently as Chief Operating Officer and Chief Financial Officer of Echo360, Inc., a global SaaS education and corporate training platform (sold in 2021). Prior to his operating roles, he spent more than a decade as an investor at Battery Ventures and Whitney & Co, serving on the boards of several private equity-backed businesses and also served as a strategy consultant in the TMT sector for McKinsey & Co. Mr. Abate began his career as an U.S. Air Force officer developing advanced radar and analytics systems for stealth aircraft. He holds a BS in Electrical Engineering from Duke University and an MBA from Harvard Business School.

About Mike Bokan

Mr. Bokan has held a range of leadership roles at Micron Technology, Inc., a global leader in memory and storage solutions. He joined Micron in 1996 and held progressively senior roles including General Manager of the Crucial division, Director of Sales (2003), Senior Director of Sales (2007), Vice President of Worldwide OEM Sales (2008), Corporate Vice President of Worldwide Sales (2017) and then Senior Vice President of Worldwide Sales from 2018 until retiring in May 2025. Over the decades, he built and sustained deep relationships with OEM, hyperscale, and distribution partners, helping drive record-setting revenue for the company. He graduated with a bachelor’s degree in business administration from Colorado State University.

About Eric Musser

Mr. Musser recently completed a 39-year career with Corning Incorporated, serving in progressively responsible leadership positions culminating as President and Chief Operating Officer. In 2005, Mr. Musser was appointed General Manager of Corning Optical Fiber where he restored stability and growth to the business following the telecommunications industry downturn of the early-2000s. In 2007, Mr. Musser became General Manager, Corning Greater China, and President of Corning International. In 2014, he led multiple Corning Technologies & International businesses encompassing the automotive and life sciences businesses, and international business development. In 2020, Mr. Musser was appointed President and Chief Operating Officer, driving growth, performance and profitability. During this period, Mr. Musser also served on the U.S.-China Business Council Board of Directors. Prior to joining Corning, he served five years in the U.S. Army. He is a graduate of the U.S. Military Academy at West Point (B.S.) and George Washington University (M.S.).

About Hong Q. Hou

Dr. Hou has served as President and Chief Executive Officer of Semtech since June 2024 and as a member of the Semtech Board of Directors since July 2023. Dr. Hou is an accomplished multinational technology executive, recognized as a global enterprise leader with a strong technical and business transformation record in dynamic ultra-competitive markets. Dr. Hou most recently served as President of the Semiconductor Group at Brooks Automation, a leading provider of automated wafer handling and contamination control solutions for the semiconductor manufacturing industry. Prior to that, Dr. Hou was Corporate Vice President and General Manager of the cloud and edge networking group of Intel Corporation. Previously, Dr. Hou held executive leadership positions at Fabrinet, AXT and Emcore. He also held technical roles at Bell Laboratories and Sandia National Laboratories. Dr. Hou holds a Ph.D. in Electrical Engineering from the University of California at San Diego.

About Aris Bolisay

Mr. Bolisay currently serves as the Vice President of Finance at Renesas Electronics Corporation, a Tokyo-based global leader in advanced semiconductor solutions that designs, manufactures, and sells a wide range of products in the semiconductor space. Prior to his current position, Mr. Bolisay served in a senior role in the Accounting and Control Division of Renesas from March 2019 through June 2021. Mr. Bolisay additionally served as a Senior Director and Corporate Controller as well as a Director and Assistant Controller at Integrated Device Technology, Inc., a U.S.-based semiconductor company that was acquired by Renesas, between June 2014 and March 2019. Before transitioning to the semiconductor industry, Mr. Bolisay started his career at a Big 4 accounting firm where he developed a strong foundation in financial reporting, auditing and compliance. Mr. Bolisay holds a Bachelor of Science in Accountancy and Business Administration with a major in Accountancy from the University of the City of Manila.

Tagged with ,

Comment on the story

Your email address will not be published. Required fields are marked *