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Cree's Overview

Total employees1741
HeadquartersDurham
Founded1987

Cree, Inc. was a pioneering American manufacturer and marketer of semiconductor materials and devices, primarily silicon carbide (SiC) and gallium nitride (GaN), and also known for its LED lighting products. In October 2021, Cree, Inc. officially changed its name to Wolfspeed, Inc. (NYSE: WOLF), reflecting its strategic shift to become a pure-play global semiconductor powerhouse focused on SiC and GaN technologies. These technologies are crucial for electric vehicles, 5G wireless infrastructure, renewable energy, and industrial applications. The company's former lighting products division, Cree Lighting, was sold to SMART Global Holdings in 2019 and now operates as a separate entity. This profile focuses on the company formerly known as Cree, now Wolfspeed.

Where is Cree's Headquarters?

HQ Function

The Durham headquarters serves as the nerve center for Wolfspeed's global operations, leading strategic initiatives, corporate functions, and groundbreaking research and development in Silicon Carbide and Gallium Nitride semiconductor technologies.

Notable Features:

The campus includes advanced research and development laboratories and is central to Wolfspeed's manufacturing ecosystem, which includes the nearby John Palmour Manufacturing Center for Silicon Carbide in Siler City, NC. The Durham site itself has significant R&D and some manufacturing capabilities.

Work Culture:

Wolfspeed fosters an innovation-centric work culture that is collaborative, fast-paced, and dedicated to pushing the boundaries of semiconductor technology. Employees are deeply involved in developing solutions for a sustainable and electrified future.

HQ Significance:

The Durham headquarters is strategically vital for Wolfspeed's leadership in the global SiC market. It drives innovation, product development, and corporate strategy, underpinning the company's role in enabling next-generation technologies across automotive, industrial, and communications sectors.

Values Reflected in HQ: The headquarters embodies Wolfspeed's core values of innovation, perseverance, collaboration, and a commitment to leading the global transition to Silicon Carbide and GaN technologies for a more energy-efficient world.

Location:

As Wolfspeed, the company maintains a robust global footprint to serve its international customer base. This includes major manufacturing facilities in the USA (North Carolina, New York), materials production sites, R&D centers, and numerous sales and support offices across North America, Europe, and Asia. Key global functions include advanced semiconductor manufacturing (SiC and GaN), materials science research, innovative product development, global sales and marketing operations, and dedicated customer technical support, all aimed at driving the worldwide adoption of its cutting-edge semiconductor technologies.

Street Address:

4600 Silicon Drive

City:

Durham

State/Province:

North Carolina

Country:

USA

Cree's Global Presence

Marcy, New York, USA

Address: Corner of Technology Drive and Nano Utica Drive N, Marcy, NY 13403, USA

Serves as a critical manufacturing hub to meet escalating global demand for Silicon Carbide devices, significantly boosting North American semiconductor production and supply chain resilience.

Siler City, North Carolina, USA

Address: Chatham-Siler City Advanced Manufacturing (CAM) Site, Siler City, NC, USA

Aims to dramatically increase the global supply of Silicon Carbide wafers, supporting the growth of the EV market and other SiC-dependent industries, and creating numerous jobs in the region.

Shanghai, China

Address: Room 2102, 21/F, Raffles City (Office Tower 1), No. 268 Xi Zang Road (M), Shanghai 200001, P.R. China

Facilitates access to Wolfspeed's SiC and GaN technologies for major customers in automotive, industrial, energy, and communications sectors throughout China and the broader Asia-Pacific region.

Neubiberg, Germany

Address: Am Campeon 10-12, 85579 Neubiberg, Germany

Supports European customers with advanced GaN on SiC RF solutions, playing a key role in the deployment of 5G infrastructure and other high-frequency applications within Europe.

Buying Intent Signals for Cree

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Cree

As of April 2025, Cree' leadership includes:

Gregg Lowe - President and Chief Executive Officer
Neill Reynolds - Executive Vice President and Chief Financial Officer
Dr. Elif Akcasu - Senior Vice President and General Manager, Power Devices
Rex Felton - Senior Vice President, Global Operations
Brad Kohn - Senior Vice President and Chief Commercial Officer

Investors of Cree

Cree has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Fidelity Management & Research Company (FMR Co. LLC)
Capital Research Global Investors

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits1

In the past year, Wolfspeed (formerly Cree) has made strategic executive appointments to bolster its leadership team, particularly in its RF division and commercial operations, as it continues to scale its Silicon Carbide and GaN businesses. A notable transition involved a co-founder retiring from the Chief Technology Officer role.

Departures

Dr. John Palmour, Dr. John Palmour retired as Chief Technology Officer and continues to serve as a Technical Advisor to Wolfspeed.

New Appointments:

Priya Almelkar, Priya Almelkar appointed to lead Wolfspeed's RF Devices segment, enhancing its strategic focus and market penetration.
Brad Kohn, Brad Kohn appointed to drive Wolfspeed's global commercial strategy and customer engagement efforts.

Technology (Tech Stack) used by Cree

Discover the tools Cree uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Cree Email Formats and Examples

Wolfspeed (formerly Cree) primarily utilizes the email format [first].[last]@wolfspeed.com. This is the most common structure for employee email addresses. Other less common formats might exist within the organization.

[first].[last]@wolfspeed.com

Format

gregg.lowe@wolfspeed.com

Example

90%

Success rate

News and media

Wolfspeed, Inc.May 28, 2024

Wolfspeed to Participate in Upcoming Investor Conferences

Wolfspeed announced its management team will participate in Bernstein's 40th Annual Strategic Decisions Conference on June 5, 2024, and Baird's 2024 Global Consumer, Technology & Services Conference on June 6, 2024....more

Wolfspeed, Inc.May 21, 2024

Wolfspeed Appoints Priya Almelkar as Senior Vice President and General Manager, RF Devices

Wolfspeed named Priya Almelkar as Senior Vice President and General Manager of its RF Devices business, succeeding Gerard Nevoret. Almelkar brings over 20 years of semiconductor industry experience....more

Wolfspeed, Inc.May 1, 2024

Wolfspeed Reports Financial Results for the Third Quarter of Fiscal Year 2024

Wolfspeed announced revenue of $200.7 million for its third quarter of fiscal year 2024, ended March 31, 2024. GAAP net loss was $161.2 million, or $1.28 per diluted share. The company highlighted progress in ramping its Mohawk Valley Fab....more

Wolfspeed, Inc.February 28, 2024

Wolfspeed Announces $1.25B Investment from Apollo Funds to Support U.S. Capacity Expansion

Wolfspeed secured a $1.25 billion investment from an affiliate of Apollo Global Management in the form of secured notes to support its U.S. capacity expansion efforts, primarily for its silicon carbide manufacturing facilities....more

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