Mission Bio Secures Funding to Accelerate Single-Cell Tri-omics Platform Expansion

Tuesday, Aug 5, 2025 8:05 am ET1min read

Wolfspeed has appointed Bret Zahn as Vice President and General Manager of its Automotive business. Zahn will lead the development and execution of the company's automotive product roadmap, aligning with the needs of global electric vehicle makers and Tier 1 suppliers. He will report to Chief Business Officer Cengiz Balkas and be based at the company's headquarters in Durham, N.C. Zahn brings 35 years of experience in the technology sector, including a previous role as VP and GM of the Automotive Traction Solutions Business Unit at onsemi.

Wolfspeed, Inc. (NYSE: WOLF) has appointed Bret Zahn as Vice President and General Manager of its Automotive business. Zahn will oversee the development and execution of the company's automotive product roadmap, aligning with the rapidly evolving needs of global electric vehicle (EV) makers and Tier 1 suppliers. He will report to Chief Business Officer Cengiz Balkas and be based at Wolfspeed's headquarters in Durham, North Carolina [1].

Zahn brings 35 years of experience in the technology sector, including a previous role as Vice President and General Manager of the Automotive Traction Solutions (ATS) Business Unit at onsemi. In this role, he grew the business from IGBT-only revenue in 2020 to both IGBT and silicon carbide (SiC) revenue by the end of 2024 [1].

Wolfspeed's appointment of Zahn reflects its commitment to enabling the next generation of EVs through cutting-edge SiC solutions. The automotive industry is at an inflection point, and Wolfspeed is positioned at the heart of this transformation. The company's vertically integrated, U.S.-based SiC manufacturing, including its 200mm Mohawk Valley Fab and materials facility in North Carolina, positions it to meet growing automotive demand and offers a secure and scalable supply chain for customers [1].

Zahn's appointment follows a series of leadership changes and strategic expansions at Wolfspeed. His proven ability to navigate complex business structures and lead cross-functional teams will be instrumental as the company seeks to capitalize on opportunities within the automotive sector [1].

Forward-Looking Statements: This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause Wolfspeed's actual results to differ materially from those indicated in the forward-looking statements [1].

References:
[1] Wolfspeed Appoints Semiconductor Industry Veteran Bret Zahn to lead Automotive Efforts. (2025). Retrieved from https://investor.wolfspeed.com/news/news-details/2025/Wolfspeed-Appoints-Semiconductor-Industry-Veteran-Bret-Zahn-to-lead-Automotive-Efforts/default.aspx

Mission Bio Secures Funding to Accelerate Single-Cell Tri-omics Platform Expansion

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