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Cree Appoints Senior VP Global Sales

DURHAM, N.C. — Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces that Bruce Renouard will join the company as senior vice president – sales and business development, effective March 21. In this newly created position, Renouard will be responsible for sales of LED chips, LED components, materials and power and RF components for the company. This position is part of Cree’s ongoing investment in sales and marketing to further enable the LED lighting and power markets.

“As we continue to lead the LED lighting revolution and drive adoption into new applications, we are also focused on enabling our customers,” said Chuck Swoboda, Cree chairman and chief executive officer. “Bruce’s demonstrated sales leadership and experience in selling integrated solutions around key components will be a great addition to the Cree management team.”

Renouard comes to Cree after nine years at Power Integration Corporation where he served as vice president of worldwide sales.

{complink 12830|Cree Inc.}

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