People: Cree Inc (CREE.DF)
CREE.DF on NASD ADF
60.33USD
17 May 2013
60.33USD
17 May 2013
Price Change (% chg)
$0.47 (+0.79%)
$0.47 (+0.79%)
Prev Close
$59.86
$59.86
Open
$60.05
$60.05
Day's High
$60.49
$60.49
Day's Low
$59.96
$59.96
Volume
294,818
294,818
Avg. Vol
869,783
869,783
52-wk High
$61.76
$61.76
52-wk Low
$22.25
$22.25
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Charles Swoboda |
45 | 2005 | Chairman of the Board, President, Chief Executive Officer |
Michael McDevitt |
48 | 2013 | Chief Financial Officer, Vice President |
Norbert Hiller |
52 | 2011 | Executive Vice President - LEDs |
Tyrone Mitchell |
45 | 2011 | Executive Vice President - Lighting |
Robert Ingram |
70 | 2011 | Lead Independent Director |
Alan Ruud |
65 | 2011 | Director |
Clyde Hosein |
53 | 2005 | Independent Director |
Franco Plastina |
49 | 2007 | Independent Director |
Robert Tillman |
69 | 2010 | Independent Director |
Harvey Wagner |
71 | 2004 | Independent Director |
Thomas Werner |
52 | 2006 | Independent Director |
Biographies
| Name | Description |
|---|---|
Charles Swoboda |
Mr. Charles M. Swoboda is Chairman of the Board, President, Chief Executive Officer of Cree Inc. Mr. Swoboda has served as the Company’s Chief Executive Officer since June 2001, as President since January 1999, as a member of the Board of Directors since October 2000 and as chairman since April 2005. He was Chief Operating Officer of the Company from 1997 to June 2001 and Vice President for Operations from 1997 to 1999. Prior to his appointment as Vice President for Operations, Mr. Swoboda served as Operations Manager from 1996 to 1997, as General Manager of the Company’s former subsidiary, Real Color Displays, Incorporated, from 1994 to 1996 and as LED Product Manager from 1993 to 1994. He was previously employed by Hewlett-Packard Company. Mr. Swoboda’s employment with the Company for the past 19 years in diverse roles, his leadership as the Company’s Chief Executive Officer for more than a decade and service on the Board of Directors for twelve years, including his service as Chairman of the Board for the past seven years, uniquely qualify him for election to the Board of Directors. |
Michael McDevitt |
Mr. Michael E. McDevitt has been appointed as the Chief Financial Officer, Vice President of Cree, Inc. Mr. McDevitt previously served as the Company’s Director–Financial Planning from 2005 to 2011 and as the Company’s Corporate Controller from 2002 to 2005. Since 2011 he served as Director–Sales Operations. Additionally, he served as the Company’s Chief Financial Officer and Treasurer on an interim basis from May 2006 through September 2006. Before joining the Company in 2002, Mr. McDevitt was Chief Financial Officer of American Sanitary Incorporated, a privately owned U.S. distributor of janitorial-sanitary maintenance products, from 1997 to 2002. He served from 1994 to 1997 as Director of Acquisitions for Unisource Worldwide, Inc., a publicly traded North American distributor of printing and imaging papers and supply systems. |
Norbert Hiller |
Mr. Norbert W. G. Hiller is an Executive Vice President - LEDs of Cree Inc., since October 18, 2011. He joined the Company in 2001, serving previously as the Company’s Vice President & General Manager–LED Components, Senior Vice President–Sales (interim), Vice President & General Manager–XLamp and General Manager–Optoelectronics. Before joining the Company, Mr. Hiller served from 1996 to 2001 as a Vice President at OSRAM Opto Semiconductors GmbH in Germany, and was responsible for general marketing of the LED components and light modules group. He served from 1991 to 1996 as a Marketing & Sales Manager for Philips Optoelectronics Centre in the Netherlands, and spent several years at one of their German facilities. |
Tyrone Mitchell |
Mr. Tyrone D. Mitchell is an Executive Vice President - Lighting of Cree Inc., since October 2011. Previously, he held several business leadership roles at Cree, and most recently served as Vice President and General Manager of LED Lighting beginning in January 2010. Prior to that, he served as Vice President and General Manager of LED Chips and Materials beginning in 2008. He was named General Manager for LED Chips in 2006, and added general management responsibility for Materials in 2008. |
Robert Ingram |
Mr. Robert A. Ingram is Lead Independent Director of Cree Inc., since October 25, 2011. Since January 2010, he has been a General Partner in the firm Hatteras Venture Partners, a venture capital firm that invests in early stage life science companies in the southeast United States, and he has served as strategic advisor to the chief executive officer of GlaxoSmithKline plc, a publicly traded pharmaceutical research and development company. From 2003 through 2009, he served as Vice Chairman Pharmaceuticals, GlaxoSmithKline. He previously served as Chief Operating Officer and President of Pharmaceutical Operations of GlaxoSmithKline following the December 2000 merger of Glaxo Wellcome plc and SmithKline Beecham plc. Prior to the merger he served as Chief Executive Officer of Glaxo Wellcome plc and as Chairman, President and Chief Executive Officer of Glaxo Wellcome Inc. Mr. Ingram serves on the Boards of Directors of Allergan, Inc. and Edwards Lifesciences Corporation and serves as Lead Director of Valeant Pharmaceuticals International, Inc. and as Chairman of Elan Corporation, plc. He served as Chairman of the Board of Directors of OSI Pharmaceuticals, Inc. from January 2003 until its sale in June 2010. He previously served as a director of Misys plc, Nortel Networks Corp., Wachovia Corp., Lowe’s Companies, Inc. and Pharmaceutical Product Development, Inc. until 2005, 2006, 2008, May 2011 and December 2011 respectively. |
Alan Ruud |
Mr. Alan J. Ruud is Director of Cree Inc., since August 2011. He began serving as the Company’s Vice Chairman–Lighting at that time. Mr. Ruud is a founder of Ruud Lighting and served in various roles at Ruud Lighting since its founding in 1982, including as its Chief Executive Officer, President and as a member of its Board of Directors. Most recently, and until the acquisition, Mr. Ruud served as the Chief Executive Officer and as Chairman of the Board of Directors of Ruud Lighting, positions which he held for over a decade. Mr. Ruud served as the President of Ruud Lighting until November 2009. |
Clyde Hosein |
Mr. Clyde R. Hosein is an Independent Director of Cree Inc., since December 2005. Since June 2008, he has served as Chief Financial Officer of Marvell Technology Group Ltd., a publicly traded semiconductor provider of high-performance analog, mixed-signal, digital signal processing and embedded microprocessor integrated circuits, and he served as its Interim Chief Operating Officer and Secretary from October 2008 to March 2010. From 2003 to 2008, he served as Vice President and Chief Financial Officer of Integrated Device Technology, Inc., a provider of essential mixed-signal semiconductor solutions. From 2001 to 2003, he served as Senior Vice President, Finance and Administration and Chief Financial Officer of Advanced Interconnect Technologies, a semiconductor assembly and test company. He has held other senior level financial positions, including the role of Chief Financial Officer at Candescent Technologies, a developer of flat panel display technology. Early in his career he spent 14 years in financial and engineering roles at IBM Corporation. |
Franco Plastina |
Mr. Franco Plastina is an Independent Director of Cree Inc., December 2007. Since May 2012, he has served as President and Founder of Arc & Company, LLC, an advisory and angel investment firm. He has also served as an Entrepreneur-in-residence with the Blackstone Entrepreneurs Network in Research Triangle Park, North Carolina since October 2011. From February 2006 until January 2011 he served as President and Chief Executive Officer, and as a board member, of Tekelec, a publicly traded provider of telecommunications network systems and software applications. From September 2005 through February 2006 Mr. Plastina served as Executive in Residence at Warburg Pincus LLC, a private equity firm, where he was responsible for evaluating potential investments and providing executive support to portfolio companies. From 2003 to 2005, he held executive positions with Proxim Corporation, a provider of Wi-Fi and broadband wireless access products, including Executive Chairman, President and CEO. From 1987 until 2002, Mr. Plastina served in a series of management and executive positions with Nortel Networks Corporation, a multi-national telecommunications equipment provider. |
Robert Tillman |
Mr. Robert L. Tillman is an Independent Director of Cree, Inc. since October 2010. From November 1994 to January 2005, he served as a director of Lowe’s Companies, Inc., as its Chairman from January 1998 to January 2005, and as its President and Chief Executive Officer from August 1996 to January 2005. After his retirement from Lowe’s, he served on the Board of Directors of Bank of America Corporation from April 2005 to May 2009, and also served as a member of its Asset Quality and Executive Committees. |
Harvey Wagner |
Mr. Harvey A. Wagner is an Independent Director of Cree Inc., since February 2004. Since August 2007, he has served as managing principal of H.A. Wagner Group LLC, an investment and consulting firm. From April 2008 to November 2010, he served as President and Chief Executive Officer, and as a board member, of Caregiver Services, Inc., a home care provider. Mr. Wagner previously served as President and Chief Executive Officer of Quovadx, Inc., a global software and services company, from October 2004 to July 2007, as its Acting President and Chief Executive Officer from May 2004 to October 2004, and as a member of its Board of Directors from April 2004 to July 2007. From 1989 to 1994 he served as Chief Financial Officer at Computervision Corporation and from 1994 to 1998 at Scientific-Atlanta, Inc. From 1998 until joining Quovadx in 2004, he held chief financial officer positions with Premiere Technologies, Inc., PaySys International, Inc., Optio Software, Inc. and Mirant Corporation. Earlier in his career, he spent 18 years in Silicon Valley where he held senior financial positions with GTE Corporation, Fairchild and American Microsystems. He served as a director of StarTek, Inc. from May 2008 to May 2012 and served as a director of FormFactor, Inc. from 2005 to 2010. |
Thomas Werner |
Mr. Thomas H. Werner is an Independent Director of Cree Inc., since March 2006. He has served as Chief Executive Officer for SunPower Corporation, a publicly traded manufacturer of high-efficiency solar cells and solar panels, since June 2003, and is also a member of its Board of Directors. Prior to SunPower, he served as Chief Executive Officer of Silicon Light Machines Corporation, an optical solutions subsidiary of Cypress Semiconductor Corporation, from July 2001 to June 2003. Earlier, Mr. Werner was Vice President and General Manager of the Business Connectivity Group of 3Com Corporation, a network solutions company. He is a director of Silver Spring Networks, Inc., an energy solutions company. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Charles Swoboda |
3,124,290 |
Michael McDevitt |
770,581 |
Norbert Hiller |
937,991 |
Tyrone Mitchell |
1,087,940 |
Robert Ingram |
-- |
Alan Ruud |
-- |
Clyde Hosein |
-- |
Franco Plastina |
-- |
Robert Tillman |
-- |
Harvey Wagner |
-- |
Thomas Werner |
-- |
As Of 23 Jun 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Charles Swoboda |
911,000 | 3,002,500 |
Michael McDevitt |
49,000 | 108,720 |
Norbert Hiller |
0 | 0 |
Tyrone Mitchell |
0 | 0 |
Robert Ingram |
0 | 0 |
Alan Ruud |
0 | 0 |
Clyde Hosein |
0 | 0 |
Franco Plastina |
0 | 0 |
Robert Tillman |
0 | 0 |
Harvey Wagner |
0 | 0 |
Thomas Werner |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SWOBODA CHARLES MATTHEW |
40,000 | $57.90 |
SWOBODA CHARLES MATTHEW |
40,000 | $30.92 |
WAGNER HARVEY A |
5,000 | $27.47 |
MITCHELL TYRONE D JR |
58,000 | $56.89 |
WAGNER HARVEY A |
5,000 | $57.23 |
HILLER NORBERT W G |
60,000 | $31.12 |
HILLER NORBERT W G |
23,333 | $35.89 |
HILLER NORBERT W G |
10,000 | $22.90 |
HILLER NORBERT W G |
13,334 | $30.92 |
HILLER NORBERT W G |
20,000 | $56.95 |
HILLER NORBERT W G |
94,477 | $56.85 |
MITCHELL TYRONE D JR |
55,000 | $31.12 |
INGRAM ROBERT ALEXANDER |
265 | $56.46 |
RUUD ALAN J |
4,157 | $40.85 |
SWOBODA CHARLES MATTHEW |
40,000 | $22.90 |
SWOBODA CHARLES MATTHEW |
40,000 | $47.90 |
MITCHELL TYRONE D JR |
10,000 | $45.50 |
MITCHELL TYRONE D JR |
601 | $45.50 |
MITCHELL TYRONE D JR |
10,000 | $22.90 |
MITCHELL TYRONE D JR |
399 | $45.50 |
INGRAM ROBERT ALEXANDER |
367 | $40.85 |
RUUD ALAN J |
3,745 | $40.85 |
RUUD ALAN J |
425 | $32.10 |
RUUD ALAN J |
5,425 | $0.00 |
RUUD ALAN J |
225,000 | $0.00 |
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