The announcement of a significant leadership appointment drove Wolfspeed, Inc.’s (NYSE: WOLF) stock price to leap 23.38% to $2.85 during the morning trading session. The stock price rise reflects strong investor confidence when the company named Gregor van Issum as its new CFO, effective September 1, 2025.
An Accomplished Financial Strategist
In order to maintain business continuity during the changeover, Interim CFO Kevin Speirits will stay on with the company until Van Issum takes over. Van Issum will work in Wolfspeed’s headquarters in Durham, North Carolina, and will answer directly to CEO Robert Feurle. He was appointed following a comprehensive internal and external search.
With more than 20 years of expertise in financial leadership, Van Issum is known for spearheading significant financing and restructuring initiatives in the IT sector. In his prior roles, he guided companies through challenging operational and financial environments at semiconductor behemoths NXP Semiconductors N.V. and ams-OSRAM AG.
Operational Proficiency in Superior Manufacturing
Van Issum most recently held the positions of Group Controller and Executive Vice President of ams-OSRAM, a multibillion Euro corporation. In this capacity, he served as the Chief Transformation and Performance Officer and oversaw cost-cutting and revenue-generating projects. It is anticipated that his experience overseeing manufacturing processes worth billions of euros would help Wolfspeed scale its exclusive 200mm silicon carbide platform.
Additionally, Van Issum played a critical role in mergers, acquisitions, and IT systems strategy at ams-OSRAM. His earlier tenure at NXP Semiconductors included leadership roles in secure identification and analog mixed signal segments.
Leadership Restructure Positions Wolfspeed for Growth
Van Issum’s appointment follows the recent onboarding of Dr. David Emerson as Wolfspeed’s first Chief Operating Officer in May. With highly skilled executives in both positions, the business hopes to improve its response to industry challenges and new possibilities while solidifying its position in the global silicon carbide market. WOLF’s dedication to long-term strategic development and market expansion is demonstrated by the leadership reorganization.
