The interim top boss of Wolfspeed is expected to make $375,000 in monthly compensation while the Durham chipmaker searches for a new chief executive, according to a new regulatory filing.

STORY HIGHLIGHTS Thomas Werner appointed interim CEO of Wolfspeed. Werner's compensation includes $150,000 monthly salary and stock units. Wolfspeed finalizing $5 billion factory in Chatham County.

Shares of Wolfspeed (NYSE: WOLF) were rocketing higher today, up 15.1% as of 2:26 p.m. ET. The big move higher follows a massive 31% move on Friday, continuing a vicious bounce off of the company ...

Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, today announced that Neill Reynolds, CFO, will be participating in a fireside chat at the UBS Global Technology and ...

If the semiconductor firm's stock turns around, it could mean a big payday for the interim CEO. As Wolfspeed seeks a successor to CEO Gregg Lowe, who was let go this week, it's using its own ...