<SUBMISSION>
<ACCESSION-NUMBER>0000895419-08-000067
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20080926
<ITEMS>5.02
<FILING-DATE>20080929
<DATE-OF-FILING-DATE-CHANGE>20080929
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CREE INC
<CIK>0000895419
<ASSIGNED-SIC>3674
<IRS-NUMBER>561572719
<STATE-OF-INCORPORATION>NC
<FISCAL-YEAR-END>0628
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-21154
<FILM-NUMBER>081094378
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>4600 SILICON DR
<CITY>DURHAM
<STATE>NC
<ZIP>27703
<PHONE>9193135300
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>4600 SILICON DR
<CITY>DURHAM
<STATE>NC
<ZIP>27703-8475
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>CREE RESEARCH INC /NC/
<DATE-CHANGED>19940224
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k092908.htm
<DESCRIPTION>FORM 8-K SEP 29 2008
<TEXT>
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STATES</font></div>
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AND EXCHANGE COMMISSION</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">Washington,
D.C. 20549</font></div>
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8-K</font></div>
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REPORT</font></div>
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to Section 13 OR 15(d) of The Securities Exchange Act of 1934</font></div>
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INC.</font></div>
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313-5300</font></div>
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appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:</font></div>
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]&#160;&#160;&#160;&#160;&#160;&#160;Written communications pursuant to Rule 425
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]&#160;&#160;&#160;&#160;&#160;&#160;Soliciting material pursuant to Rule 14a-12
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]&#160;&#160;&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></div>
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]&#160;&#160;&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div>
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                <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Departure
      of Directors or Certain Officers; Election of Directors; Appointment of
      Certain Officers; Compensatory Arrangements of Certain
      Officers.</font></div>
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Palmour, who presently serves as the Executive Vice President &#8211; Advanced Devices
of Cree, Inc. (the "Company"), has accepted appointment as its Chief Technology
Officer <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman">&#8211;</font>
Advanced Devices effective September 28, 2008.&#160; His service as an executive
vice president of the Company will end on this date.&#160; He will continue to
serve as a member of the Board of Directors and is standing for re-election at
the Company's 2008 Annual Meeting of Shareholders on October 30,
2008.</font></div>
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    <div>&#160;</div>
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-</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><a name="fis_signatures">SIGNATURE</a></font></div>
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the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.</font></div>
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    INC.</font></font></div>
            </td>
          </tr>
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            <td align="left" valign="top" width="3%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
            <td align="left" valign="top" width="42%">&#160;</td>
          </tr>
          <tr>
            <td align="left" valign="top" width="55%">&#160;</td>
            <td align="left" valign="top" width="3%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
            <td align="left" valign="top" width="42%">&#160;</td>
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          <tr>
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      Charles M. Swoboda</font></td>
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            <td align="left" valign="top" width="3%">&#160;</td>
            <td align="left" valign="top" width="2%">&#160;</td>
            <td align="left" valign="top" width="42%">
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            <td align="left" valign="top" width="3%">&#160;</td>
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            <td align="left" valign="top" width="42%">
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29, 2008<a name="fis_exhibit_index" /></font></div>
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