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Thursday, November 26, 2009, 8:29AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
Cree Inc. (CREE)On Nov 25: 48.30  Up 0.68 (1.43%)  
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Cree Inc.
4600 Silicon Drive
Durham, NC 27703
United States - Map
Phone: 919-313-5300
Fax: 919-313-5452
Web Site: http://www.cree.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Technology
Industry:Semiconductor Equipment & Materials
Full Time Employees:3,172

BUSINESS SUMMARY 
Cree, Inc. develops and manufactures light emitting diode (LED) products, silicon carbide (SiC) and gallium nitride (GaN) material products, and power and radio frequency (RF) products. Its LED products include LED chips used in various applications, including video screens, gaming displays, function indicator lights, and automotive backlighting; LED components; and LED lighting products. The company’s SiC and GaN materials comprise SiC and GaN wafers, which are used in manufacturing LEDs, RF and microwave devices, and power devices, as well as in research and development. Its power and RF products include power switching devices made from SiC, including 600 and 1,200-volt Schottky diode products that are used in power factor correction circuits for power supplies in computer servers and other applications, such as solar inverters; and RF microwave devices made from SiC or GaN, which include 10-watt and 60-watt SiC transistors, and metal-semiconductor field effect transistor products, as well as GaN high electron mobility transistors and monolithic microwave integrated circuits for broadband amplifiers or for WiMAX applications. Cree, Inc. primarily operates in Hong Kong, China, the United States, Korea, Europe, Japan, Malaysia, and Taiwan. The company was founded in 1987 and is based in Durham, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    Cree Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 63.9% of S&P 400 companies and 83.7% of Semiconductors & Semiconductor Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Charles M. Swoboda , 42
    Chairman, Chief Exec. Officer and Pres
    $ 892.00K $ 0
    Mr. John W. Palmour Ph.D., 48
    Founder, Chief Technology Officer of Advanced Devices
    $ 310.00K $ 621.00K
    Mr. John T. Kurtzweil , 52
    Chief Financial Officer, Chief Accounting Officer, Exec. Vice Pres of Fin. and Treasurer
    $ 531.00K $ 0
    Mr. Steve Kelley ,
    Chief Operating Officer and Exec. VP
    $ 556.00K $ 0
    Mr. Adam H. Broome ,
    VP of Legal, Sec. and Gen. Counsel
    N/A N/A
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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