Wolfspeed, Inc. announced that Stacy Smith has been appointed to the company's Board of Directors, effective January 23, 2023. Smith is the executive chairman of Kioxia Corporation (formerly Toshiba Memory Corporation), a leading flash memory company, and non-executive chair of the Board at Autodesk, Inc., a global leader in design and make technology.

With his vast experience in the technology and semiconductor industries, Stacy will be an invaluable asset for Wolfspeed as we work to capitalize on the steepening demand for SiC power devices across the e-mobility, industrial and renewable markets,” said Wolfspeed Chairman of the Board Darren Jackson. “It is our honor to welcome Stacy to the Board, and we look forward to his contributions and expertise as Wolfspeed continues to lead the transition from Si to SiC.”

“I am really excited to join the Wolfspeed Board and work to help Wolfspeed scale and grow their leadership position in a fast-growing and important market,” said Smith.

Prior to his board positions, Smith worked at Intel Corporation for three decades in a variety of roles including as group president of sales, manufacturing and operations, chief financial officer, chief information officer and head of Europe Middle East and Africa.

Smith’s management positions with Intel Corporation, including his finance and executive roles, provide him with critical insight into the operational requirements of a global company and the management and consensus-building skills necessary to serve on Wolfspeed’s Board of Directors. He also holds positions on the California Chapter of The Nature Conservancy Board of Trustees and University of Texas McCombs School of Business Advisory Board. Prior Board roles include serving on the Board of Virgin America Airlines and GEVO, a biofuels company.