BUZZ-Wolfspeed falls after it names Robert Feurle as CEO

Reuters

2025/03/27

** 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

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

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