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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Brown who wrote (42324)5/2/2001 9:58:36 PM
From: diver913  Respond to of 54805
 
Re. announcements about new CEOs

CREE announced their current President will take over as CEO in June. From their April 11 press release, when they reported Q3 earnings:

"Cree also announced a key management change in the promotion of Chuck Swoboda to Cree’s President and Chief Executive Officer effective June 25, 2001. Neal Hunter will continue in a full-time capacity as Executive Chairman of Cree and focus on strategic initiatives for the company. Swoboda, in his new position, will be responsible for Cree’s day-to-day operations, and customer and shareholder relationships."

Meredith