Wolfspeed Inc. has amended the employment agreements for its Chief Executive Officer, Robert Feurle, and Chief Financial Officer, Gregor van Issum. Effective December 1, 2025, both executives will receive revised equity awards under the company's 2025 Management Incentive Compensation Plan. Mr. Feurle is set to receive restricted stock units (RSUs) valued at $5 million, calculated based on the average trading price of Wolfspeed's common stock. The RSUs will become fully vested in the event of death or disability, but will otherwise be forfeited upon termination of service, unless specified otherwise in the amended agreements. Similar updates apply to Mr. van Issum's equity awards.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wolfspeed Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000895419-25-000143), on December 15, 2025, and is solely responsible for the information contained therein.