Activist Commentary: Jana is a very experienced activist investor founded in 2001 by Barry Rosenstein.
Wolfspeed is the world's leading producer of silicon carbide, or SiC, and a manufacturer of silicon carbide applications.
Jana also recommends that the board commences a review of strategic alternatives, including a possible sale of the company.
At Freshpet, Jana also made operational and capital allocation recommendations in addition to reviewing a sale of the company.
Here, there has been no such mention of a "Jana Dream Team," but it is a little too early for that.
Persons:
Jana, Barry Rosenstein, Rosenstein, John Palmour, Wolfspeed, Renesas, Ken Squire
Organizations:
John Palmour Manufacturing, Silicon Carbide, Mitsubishi Electric, 13D
Locations:
Siler City, N.C, Marcy, N.Y, North Carolina, Mohawk, New York, Germany, Freshpet