Wolfspeed names new chief technology officer

MARCY, N.Y. — Wolfspeed, Inc. (NYSE: WOLF), which operates a silicon-carbide fabrication facility in Marcy, has promoted Elif Balkas to chief technology officer, succeeding the late John Palmour, a co-founder of the company.

“Since her start with Wolfspeed in 2006, Elif has been instrumental in our technology and production development, and she was the clear choice to help steer Wolfspeed as we continue to lead the transition from silicon to silicon carbide,” company CEO Gregg Lowe said in a release.

Balkas previously served as Wolfspeed’s VP of research and development in its materials organization. She has overseen multiple significant technology milestones during her tenure at the company including the development of 150 mm and 200 mm boule growth systems and processes, the reduction in crystal-defect levels that saw higher device yields, and advancements in wafer processing.

“I’m excited to continue building upon the legacy that John created and unlock new innovations and applications for silicon carbide,” Balkas said. “It’s an exciting time of growth at Wolfspeed, and I look forward to the new challenge of finding greater efficiencies as we continue to expand the reach of our technology.”

Prior to joining Wolfspeed, she served in a variety of leadership positions in research and development as well as operations. Balkas holds a Ph.D. in materials science from North Carolina State University and is a co-founder of the Wolfspeed Women’s Initiative, an employee resource group focused on encouraging, developing, and supporting women who lead the way in innovation.

Headquartered in Durham, North Carolina, Wolfspeed produces silicon-carbide materials, power devices, and RF devices for applications including electric vehicles, fast charging, 5G, renewable energy and storage, aerospace, and defense. The company’s Mohawk Valley Fab facility opened in April 2022 and employs more than 300 people.