secwatch.observer — SEC 8-K summary
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Issuer:     WOLFSPEED, INC. (WOLF)
CIK:        0000895419
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0000895419-23-000005
Event type: leadership
Sentiment:  positive
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolfspeed adds former Intel exec Stacy Smith to board, increasing size to 10
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- Board expanded from 9 to 10 directors; Stacy J. Smith elected effective January 23, 2023.
- Smith appointed to Audit Committee and Governance & Nominations Committee.
- Received RSUs valued at $200,000 under 2013 LTIP, vesting in one year.
- Quarterly cash retainer: $17,500 for Board, plus $3,750 Audit, $1,250 Governance committee service.
- Smith is Executive Chairman of Kioxia and Non-Executive Chair of Autodesk; 30-year Intel veteran.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895419/000089541923000005/0000895419-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895419/000089541923000005/wolfspeed-20230123.htm
  HTML page:      https://secwatch.observer/filing/0000895419-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer