Wolfspeed Appoints Priya Almelkar as Senior Vice President, IT and Chief Information Officer

Rhea-AI Summary

Wolfspeed, Inc. (NYSE: WOLF) promotes Priya Almelkar to Senior Vice President, IT and Chief Information Officer, recognizing her exceptional technical expertise and leadership skills. Her promotion reinforces the company's belief in diverse perspectives driving innovation and success. Almelkar's 25 years of experience and her role in driving Wolfspeed's transition to automation and enhanced analytics capabilities position her to spearhead advancements in IT process efficiency and compliance.

DURHAM, N.C.--(BUSINESS WIRE)-- Today, Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, is pleased to announce the promotion of Priya Almelkar to Senior Vice President, IT and Chief Information Officer. Almelkar succeeds David Costar and becomes the fifth female member of Wolfspeed’s esteemed senior leadership team.

“Over her two-and-a-half-year tenure with Wolfspeed, Priya has consistently showcased exceptional technical expertise and inspiring leadership skills,” said Gregg Lowe, CEO of Wolfspeed. “Her invaluable contributions have significantly enhanced our company’s information systems and processes. Her promotion not only recognizes her skills and contributions, but also reinforces our belief in the power of diverse perspectives and experiences in driving innovation and success. I am eager to witness the advancements she will spearhead in her new role.”

As Vice President of IT Manufacturing Operations, Almelkar played a pivotal role in driving Wolfspeed’s transition to automation, empowering the company’s analytics capabilities while ensuring data integrity and accuracy. This data-based transition has enabled enhanced tracking of customer deliveries, valuable market and competitor insights, and has improved operational efficiency.

“Wolfspeed’s ambitious growth strategy presents ample opportunities to improve IT process efficiency and compliance,” said Almelkar. “I am thrilled to continue collaborating with such knowledgeable and entrepreneurial colleagues to strengthen our digital footprint and advance our mission of energy conservation through silicon carbide.”

With over 25 years of experience in leading core IT functions and implementing large-scale digital transformations, Almelkar brings a wealth of expertise to her role. Prior to joining Wolfspeed, she spent six years at Global Foundries, where she held several positions, including Head of Digital Transformation and Head of Infrastructure. Earlier in her career, she excelled in program management, information security and solution delivery engineering. Almelkar is also proud to serve as a sponsor of the Asian American and Pacific Islander (AAPI) Employee Resource Group at Wolfspeed, exemplifying the company’s commitment to diversity and inclusion. In acknowledgement of her leadership and service to the industry, she has been recognized by the National Association of Manufacturers.

About Wolfspeed:
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 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.

Twitter: @Wolfspeed
LinkedIn: @Wolfspeed

Wolfspeed^® is a registered trademark of Wolfspeed, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230719392545/en/

Media Relations Contact:

Melinda Walker

Director, Corporate Communications

818-261-4585

Media@wolfspeed.com

Investor Relations Contact:

Tyler Gronbach

VP, External Affairs

919-407-4820

investorrelations@wolfspeed.com

Source: Wolfspeed, Inc.

FAQ

What is the recent announcement from Wolfspeed, Inc. (NYSE: WOLF)?

Wolfspeed, Inc. (NYSE: WOLF) has promoted Priya Almelkar to Senior Vice President, IT and Chief Information Officer.

What are Priya Almelkar's key contributions to Wolfspeed?

Priya Almelkar played a pivotal role in driving Wolfspeed’s transition to automation, empowering the company’s analytics capabilities while ensuring data integrity and accuracy.

What is the significance of Priya Almelkar's promotion?

Her promotion not only recognizes her skills and contributions, but also reinforces the company's belief in the power of diverse perspectives and experiences in driving innovation and success.

What is Priya Almelkar's background and experience?

With over 25 years of experience in leading core IT functions and implementing large-scale digital transformations, Almelkar brings a wealth of expertise to her role. Prior to joining Wolfspeed, she spent six years at Global Foundries, where she held several positions, including Head of Digital Transformation and Head of Infrastructure.

What is Priya Almelkar's involvement in diversity and inclusion at Wolfspeed?

Almelkar is proud to serve as a sponsor of the Asian American and Pacific Islander (AAPI) Employee Resource Group at Wolfspeed, exemplifying the company’s commitment to diversity and inclusion.