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Wolfspeed Announces Expansion of Global Operations Team to Support Long-Term Growth Strategy

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Wolfspeed, Inc. (NYSE: WOLF) has announced the appointment of Joe Roybal as Vice President of Backend Operations. With over 20 years of experience from Texas Instruments, Roybal brings extensive knowledge in fab, probe, and assembly/test operations. His role aims to enhance Wolfspeed's operational capabilities amidst the industry's shift from silicon to Silicon Carbide technology. This strategic hire is expected to bolster Wolfspeed's growth and production capacity in New York and North Carolina.

Positive
  • Appointment of Joe Roybal as VP of Backend Operations expected to enhance operational efficiency.
  • Roybal's experience in semiconductor operations complements Wolfspeed's leadership team.
  • Expansion of production capabilities for Silicon Carbide materials supports rapid growth.
Negative
  • None.

Semiconductor Industry Veteran Joins to Lead Backend Operations

DURHAM, N.C.--(BUSINESS WIRE)-- Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, today announced that Joe Roybal has joined the company as the Vice President of Backend Operations. Mr. Roybal joins Wolfspeed from Texas Instruments and has over 20 years of operations and leadership experience.

“Joe comes to Wolfspeed with a wealth of knowledge in fab, probe and assembly/test operations and we look forward to his contributions as we continuously improve,” said Rex Felton, SVP of Global Operations. “His arrival complements our growing operations leadership team and will be a vital asset as we lead the industry-wide transformation from silicon to Silicon Carbide.”

This addition to Wolfspeed’s team of seasoned semiconductor manufacturing professionals, paired with the expansion of production capability for Silicon Carbide materials and devices in New York and North Carolina will support the company’s rapid growth.

Mr. Roybal previously held the titles of Director of Quality for the Analog Signal Chain, Director of Test Operations – where he led a 650-employee organization through an operations-wide transformation to increase efficiency – and Quality Manager for Texas Instruments’ first 300mm factories. He has worked with automotive, industrial, communications and personal electronics customers, improving satisfaction through product quality and account management.

About Wolfspeed, Inc.:
Wolfspeed (NYSE: WOLF) leads the market in the worldwide adoption of Silicon Carbide and GaN technologies. We provide industry-leading solutions for efficient energy consumption and a sustainable future. Wolfspeed’s product families include Silicon Carbide materials, power-switching devices and RF devices targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. We unleash the power of possibilities through hard work, collaboration and a passion for innovation. Learn more at www.wolfspeed.com.

Wolfspeed® is a registered trademark of Wolfspeed, Inc.

Media Relations:

Joanne Latham

VP, Corporate Marketing

919-407-5750

joanne.latham@wolfspeed.com

Investor Relations:

Tyler Gronbach

VP, Investor Relations

919-407-4820

investorrelations@wolfspeed.com

Source: Wolfspeed, Inc.

FAQ

Who is the new Vice President of Backend Operations at Wolfspeed?

Joe Roybal has been appointed as the new Vice President of Backend Operations at Wolfspeed.

What experience does Joe Roybal bring to Wolfspeed?

Joe Roybal brings over 20 years of experience in operations and leadership from Texas Instruments.

How will Joe Roybal's appointment impact Wolfspeed?

His appointment is expected to enhance operational efficiency and support Wolfspeed's growth in Silicon Carbide technology.

What areas are Wolfspeed expanding in?

Wolfspeed is expanding production capabilities for Silicon Carbide materials in New York and North Carolina.

What industry shift is Wolfspeed part of?

Wolfspeed is leading the industry shift from silicon to Silicon Carbide technology.

Wolfspeed, Inc.

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