Power Integrations CFO Sandeep Nayyar resigns; Eric Verity named interim CFO; Q3 outlook reaffirmed

POWER INTEGRATIONS INC

CFO Sandeep Nayyar resigns effective Oct 4, 2025, after 15 years; not due to any disagreement with the company.
Eric Verity, Senior Director of Finance, appointed interim CFO and principal accounting officer.
Verity's annual base salary is $351,822; he received 2025 PSU and RSU awards totaling ~$144,574 in grant-date fair value.
Company reaffirms Q3 2025 financial outlook provided on August 6, 2025.
CEO Jennifer Lloyd thanked Nayyar for his stewardship; search for a permanent CFO is underway.

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