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Wolfspeed falls after it names Robert Feurle as CEO

ReutersMar 27, 2025 2:25 PM

Shares of chipmaker Wolfspeed WOLF.N down 4% at $5.62

The company names chip industry veteran Robert Feurle as its CEO effective May 1

Feurle will succeed Thomas Werner, who will return to his role as chairman

In November, the company ousted top boss Gregg Lowe, without cause

Up to last close, stock had fallen 14.4% YTD

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