BUZZ-Wolfspeed rises; board terminates CEO Gregg Lowe's employment

Reuters11-18

** Chipmaker Wolfspeed's shares rise 2.2% to $6.85 in premarket trading

** Company's board terminates CEO Gregg Lowe's employment without cause

** Co's current chairman, Thomas Werner, appointed as executive chairman

** Up to last close, stock had fallen 84.6% this year

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

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