TRIANGLE BRIEFS.

• Position: STATEWIDE: Triangle

DURHAM

Gregg Lowe was named chief executive officer of LED-maker Cree. He succeeds Chuck Swoboda, who is stepping down after 16 years leading the company that had 2016 revenue of $1.5 billion. Lowe was president and CEO of Freescale Semiconductor, which was acquired by Austin, Texas-based NXP in 2015, and worked at Texas Instruments for nearly 30 years.

Andrew Witty joined Hatteras Venture Partners as a partner. Witty was...