{"id":888509,"date":"2025-09-22T17:01:28","date_gmt":"2025-09-22T21:01:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/power-integrations-announces-cfo-transition\/"},"modified":"2025-09-22T17:01:28","modified_gmt":"2025-09-22T21:01:28","slug":"power-integrations-announces-cfo-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/power-integrations-announces-cfo-transition\/","title":{"rendered":"Power Integrations Announces CFO Transition"},"content":{"rendered":"

<\/p>\n

Power Integrations Announces CFO Transition<\/b><\/p>\n

SAN JOS\u00c9, Calif.–(BUSINESS WIRE<\/a>)–
\nPower Integrations (Nasdaq: POWI<\/a>) today announced that Sandeep Nayyar, the company\u2019s chief financial officer since 2010, will leave the company effective October 4 to pursue a new opportunity. Eric Verity, senior director of finance and a veteran member of the company\u2019s finance leadership team, will serve as interim CFO while the company searches for a new CFO. Additionally, the company reaffirmed the third-quarter financial outlook it provided on August 6, 2025.<\/p>\n

\nCommented Jennifer Lloyd, president and CEO of Power Integrations: \u201cSandeep has played a vital role on our senior leadership team over the past 15 years. Thanks to his expert stewardship, Power Integrations has a strong financial foundation to build upon as we execute our growth strategy. We wish Sandeep all the best in his new role.\u201d<\/p>\n

\nMr. Nayyar stated: \u201cIt has been a privilege to serve as CFO of Power Integrations, and I am incredibly proud of all that our finance and HR teams have accomplished during my tenure. As I begin the next chapter of my career, I leave knowing that Power Integrations is on very solid financial footing, with an extremely capable new leader in Jen Lloyd.\u201d<\/p>\n

About Power Integrations<\/b><\/p>\n

Power Integrations, Inc.<\/a> is a leading innovator in semiconductor technologies for high-voltage power-conversion. The company\u2019s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information please visit www.power.com<\/i><\/a>.<\/p>\n

Note Regarding Forward-Looking Statements<\/b><\/p>\n

\nThe above statement reaffirming the company\u2019s forecast for its third-quarter financial performance is a forward-looking statement reflecting management’s current expectations and beliefs. This statement is based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with the company’s business, actual results could differ materially from those projected or implied by these statements. These risks are explained under the caption \u201cRisk Factors\u201d in the company’s most recent Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 7, 2025. The company is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether because of new information, future events or otherwise, except as otherwise required by law.<\/p>\n

Power Integrations and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc. All other trademarks are property of their respective owners.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250922616988\/en\/<\/a><\/span><\/p>\n

\nJoe Shiffler
\n
Power Integrations, Inc.
\n
(408) 414-8528
\n
jshiffler@power.com<\/i><\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Semiconductor Technology Environment Green Technology Software Hardware<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Power Integrations Announces CFO Transition SAN JOS\u00c9, Calif.–(BUSINESS WIRE)– Power Integrations (Nasdaq: POWI) today announced that Sandeep Nayyar, the company\u2019s chief financial officer since 2010, will leave the company effective October 4 to pursue a new opportunity. Eric Verity, senior director of finance and a veteran member of the company\u2019s finance leadership team, will serve as interim CFO while the company searches for a new CFO. Additionally, the company reaffirmed the third-quarter financial outlook it provided on August 6, 2025. Commented Jennifer Lloyd, president and CEO of Power Integrations: \u201cSandeep has played a vital role on our senior leadership team over the past 15 years. Thanks to his expert stewardship, Power Integrations has a strong financial foundation to build upon … <\/p>\n

Continue reading “Power Integrations Announces CFO Transition”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-888509","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPower Integrations Announces CFO Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/power-integrations-announces-cfo-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Power Integrations Announces CFO Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Power Integrations Announces CFO Transition SAN JOS\u00c9, Calif.–(BUSINESS WIRE)– Power Integrations (Nasdaq: POWI) today announced that Sandeep Nayyar, the company\u2019s chief financial officer since 2010, will leave the company effective October 4 to pursue a new opportunity. Eric Verity, senior director of finance and a veteran member of the company\u2019s finance leadership team, will serve as interim CFO while the company searches for a new CFO. Additionally, the company reaffirmed the third-quarter financial outlook it provided on August 6, 2025. Commented Jennifer Lloyd, president and CEO of Power Integrations: \u201cSandeep has played a vital role on our senior leadership team over the past 15 years. 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