CREE, INC. (NASDAQ:CREE) Files An 8-K Regulation FD Disclosure
Item 7.01
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Regulation FD Disclosure.
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announcing that it is accelerating its chief executive officer
succession planning and Charles M. Swoboda will step down from
his executive positions and as a member of the Board of Directors
following a transition period. In addition, the Company
reaffirmed its previously announced business outlook for the
fourth quarter of fiscal 2017 ending June 25, 2017. A copy of the
press release is attached as Exhibit 99.1 and is incorporated
herein by reference.
not be deemed filed for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject
to the liability of that section. Furthermore, the information in
this report shall not be deemed incorporated by reference into
the filings of the Company under the Securities Act of 1933, as
amended.
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Item 9.01
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Financial Statements and Exhibits.
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Exhibit No.
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Description of Exhibit
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99.1
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Press Release dated May 19, 2017
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About CREE, INC. (NASDAQ:CREE)
Cree, Inc. is a manufacturer of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company’s products are focused for applications, such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems. The Company has three segments: Lighting Products, LED Products, and Power and RF Products. The Company’s Lighting Products segment offers LED lighting systems and bulbs. The Company’s LED Products segment offers LED components, LED chips and silicon carbide (SiC) materials. The Company’s Power and RF Products segment offers power devices and RF devices. The Company designs, manufactures and markets lighting systems for indoor and outdoor applications, with a focus on LED lighting systems for the commercial, industrial and consumer markets. CREE, INC. (NASDAQ:CREE) Recent Trading Information
CREE, INC. (NASDAQ:CREE) closed its last trading session 00.00 at 21.70 with 719,549 shares trading hands.
