Cree, Inc. announced that Chairman, President and CEO Chuck Swoboda will step down from his executive positions and as a member of the Board of Directors following a transition period.  Mr. Swoboda intends to stay on until a successor is appointed, and thereafter will remain available as a consultant to the Company to ensure a seamless transition of leadership responsibilities.

ETI announced recently that the company board’s Independent Director Jing Guo Jiang has resigned, due to personal reasons.