Cree, Inc. announced the expansion of the operations leadership team as part of the Company’s accelerated growth and capacity expansion plans and planned retirement of Rick McFarland, Cree’s Senior Vice President of Global Operations, in the Summer of 2022. Rex Felton, currently directing the construction of the company’s new silicon carbide facility in Marcy, NY, will now oversee the company’s fab operations, planning functions and quality efforts reporting to Cree CEO Gregg Lowe. McFarland will continue to lead the company’s materials and back end operations along with facilities and procurement activities through the first half of 2022 and assist Felton with the transition. Felton joined Cree in 2019 and currently serves as Senior Vice President of Fab Operations. Prior to joining Cree, he served as Vice President of Powertrain Electronics Operations at Delphi Technologies. Prior to Delphi, Mr. Felton was Senior Wafer Fab Manager for Texas Instruments’ three Dallas fabs and the Operations Fab/Assembly Test Site in Chengdu, China. On a related note, the company also has appointed Missy Stigall as the new Vice President of Fab Operations based in North Carolina, reporting directly to Felton. She joins Cree with more than 20 years of engineering and people leadership experience at Texas Instruments.