The U.S.-based LED giant Cree has adjusted its management team. After the new CFO and chairman were appointed and the new members of the board of directors were elected in the six months, the head of the LED division has stepped down, reported Triangle Business Journal.
The executive vice president and general manager of Cree’s LED business unit, David Emerson, has left the position. Claude Demby, formerly senior vice president of strategy and corporate development, took over the duty.
(Image: Cree)
The company has been through a shuffle in the senior management team since its new CEO Greg Lowe shifted the priority of the company to the Wolfspeed business. Lowe, who became the CEO of Cree in 2017, believes that Wolfspeed is going to outpace the company’s lighting and LED products in revenue.
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