Wolfspeed jumps after naming Gregor van Issum as CFO

Wolfspeed (Pre-Reincorporation)

07/07/2025 13:45

** Chipmaker Wolfspeed's WOLF.N shares rise 28.8% to $1.52 premarket

** WOLF announces the appointment of Gregor van Issum as CFO, effective Sept. 1

** Van Issum succeeds Kevin Speirits, who is serving as interim CFO and will remain with WOLF to support co and ensure a smooth transition

** WOLF has recently filed for Chapter 11 bankruptcy protection

** As of last close, stock was down ~83% this year

 (Reporting by Jaspreet Singh in Bengaluru)

 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))