Nolan's Notes: The Next Killer App in Component Manufacturing
The Knowledge Base: Unlocking the Invisible—The Critical Role of X-ray Technology
Standard of Excellence: Turning Negative Customer Feedback Into Positive Outcomes
Wolfspeed Announces Executive Leadership Change
May 2, 2025 | WolfspeedEstimated reading time: Less than a minute
Wolfspeed, Inc. announced that it has mutually agreed with Neill Reynolds to conclude his role as Executive Vice President and Chief Financial Officer, effective May 30, 2025, to pursue another professional opportunity.
Reynolds will remain with the Company to ensure an orderly transition as it continues its active discussions with its lenders in an effort to strengthen the Company’s capital structure. Reynolds will also participate in the Company’s fiscal third quarter earnings call, scheduled for May 8.
“Neill has been an important partner as we navigate our liability-management initiatives and position Wolfspeed for its next phase,” said Thomas Werner, Executive Chairman. “We appreciate his commitment to staying on to support our efforts to strengthen the Company’s balance sheet. On behalf of the entire Board and management team, we’d like to thank him for his contributions to the Company and wish him success in his new endeavor.”
The Company has initiated a search with a leading executive-search firm to evaluate internal and external candidates for a permanent Chief Financial Officer.
Lastly, the Company reaffirms its previously announced financial guidance for the third quarter of fiscal 2025.
Share on:
Suggested Items
KLA Reports Fiscal 2025 Q3 Results
05/02/2025 | PRNewswireKLA Corporation announced financial and operating results for its third quarter of fiscal year 2025, which ended on March 31, 2025, and reported GAAP net income of $1.09 billion and GAAP net income per diluted share of $8.16 on revenues of $3.06 billion.
OSI Systems Reports Fiscal 2025 Q3 Financial Results
05/02/2025 | BUSINESS WIREOSI Systems, Inc. announced its financial results for the three and nine months ended March 31, 2025.
Nano Dimension Announces 2024 Financial Results
05/02/2025 | Nano DimensionNano Dimension Ltd., a leader in Digital Manufacturing solutions, announced its 2024 financial results and shared its 2025 strategic outlook.
Spirit AeroSystems Reports First Quarter 2025 Results
05/02/2025 | Spirit AeroSystems, Inc.Spirit's revenue in the first quarter of 2025 decreased from the same period of 2024, primarily due to lower production activity on most Boeing programs, particularly the Boeing 737 program.
TTM Technologies Reports Q1 2025 Results
05/01/2025 | Globe NewswireTTM Technologies, Inc., a leading global manufacturer of technology solutions, including mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards (PCBs) reported results for the first quarter 2025, which ended on March 31, 2025.