Wolfspeed appoints Kevin Speirits as interim CFO effective May 30; CFO Neill Reynolds departs

WOLFSPEED, INC.

Neill Reynolds, EVP and CFO, departs May 30, 2025; Kevin Speirits appointed interim CFO same day.
Speirits, 65, was SVP Finance since Feb 2023; receives retention bonuses up to $400K linked to milestones.
Milestones: service as interim CFO until Sept 2025–Jan 2026, transition support, and debt restructuring oversight.
Separation severance offered: 12 months salary, target annual bonus, 1 year equity vesting, plus COBRA payments.
Speirits remains at-will; forfeits and must repay lump sums if terminated for cause or leaves before milestones.

item 5.02 item 9.01

Executive movements

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Departed

Neill P. Reynolds

Executive Vice President and Chief Financial Officer

WOLF · WOLFSPEED, INC.

Effective: 2025-05-30
Successor: Kevin Speirits
Filed: May 28, 2025, 7:59 PM ET

Neill P. Reynolds, the Company’s Executive Vice President and Chief Financial Officer, will depart effective May 30, 2025.

Appointed (interim)

Kevin Speirits

Interim Chief Financial Officer

WOLF · WOLFSPEED, INC.

Effective: 2025-05-30
Filed: May 28, 2025, 7:59 PM ET

Kevin Speirits, currently the Company’s Senior Vice President, Finance, will serve as Interim Chief Financial Officer effective May 30, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Neill P. Reynolds departed as Executive Vice President and Chief Financial Officer at WOLFSPEED, INC..

Action: departed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Neill P. Reynolds, the Company’s Executive Vice President and Chief Financial Officer, will depart effective May 30, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Speirits was appointed as Interim Chief Financial Officer at WOLFSPEED, INC..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Kevin Speirits, currently the Company’s Senior Vice President, Finance, will serve as Interim Chief Financial Officer effective May 30, 2025

View on SEC.gov

WOLFSPEED, INC. filing history →

Source: SEC EDGAR

accession 0000895419-25-000088

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