Gregg has been the President and Chief Executive Officer at Cree, Inc. since September 27, 2017. He served as Chief Executive Officer and President at Freescale Semiconductor, Inc. since June 05, 2012 until December 2015. He has been Chief Executive Officer and President at NXP USA, Inc. since June 2016. He has more than a decade of executive leadership experience at Freescale Semiconductor and Texas Instruments and holds Silicon Labs board position.
We weren't predicting this. But the capacity coming on line and in a relatively short period is certainly a nice light at the end of the tunnel for some of these guys as they start placing bets on silicon carbide.
We are building solid momentum and during our fiscal third quarter we continued to execute and drive our strategy, delivering strong top line performance as customers continue to realize the benefits of silicon carbide. With the sale of our LED business now complete, we accomplished a critical milestone in our journey to becoming a pure-play semiconductor powerhouse and have an even greater focus on converting opportunities in our pipeline and expanding our manufacturing capacity.