BRIEF-Wolfspeed Board Terminates Gregg Lowe Without Cause

Reuters11-18

Nov 18 (Reuters) - Wolfspeed Inc :

* WOLFSPEED INC - BOARD TERMINATES GREGG LOWE WITHOUT CAUSE

* WOLFSPEED INC - GREGG LOWE TO RECEIVE SEVERANCE PAYMENTS

* WOLFSPEED INC: LOWE DECIDED TO FOREGO RECEIPT OF LUMP SUM PAYMENT EQUAL TO 1.5 TIMES HIS TARGET BONUS FOR FISCAL 2025

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment