Mike Balow
The Board of Directors of Power Integrations, Inc. (the “Company”) appointed Mike Balow as the Company’s Senior Vice President, Worldwide Sales, effective upon Mr. Balow’s commencement of employment with the Company on May 4, 2026.
Highest-materiality recent filing
Q1 revenue $108.3M, up 3% YoY and 5% sequentially; GAAP net income $3.3M ($0.06 diluted EPS).
Power Integrations Q4 rev $103.2M (-2% YoY); FY rev up 6%; cuts 7% workforce; chairman steps down
Q4 revenue $103.2M (down 13% QoQ, down 2% YoY); GAAP EPS $0.24; non-GAAP EPS $0.23.
POWI boosts inducement share reserve to 850K; amends bylaws for proxy rules, forum selection
Amended 2025 Inducement Award Plan adds 500,000 shares, total reserve now 850,000 shares.
Power Integrations names Nancy Erba as CFO, effective Jan. 5, 2026
Nancy Erba appointed CFO effective Jan 5, 2026; previously CFO at Infinera and Immersion.
Power Integrations Q3 revenue $118.9M (+3% YoY) but GAAP net loss $0.02/share; Q4 guide $100-105M
Q3 revenue $118.9M (+3% YoY and sequentially); GAAP net loss $1.4M ($0.02 loss per diluted share).
Power Integrations CFO Sandeep Nayyar resigns; Eric Verity named interim CFO; Q3 outlook reaffirmed
CFO Sandeep Nayyar resigns effective Oct 4, 2025, after 15 years; not due to any disagreement with the company.
Power Integrations Q2 rev $115.9M, non-GAAP EPS $0.35, guides Q3 rev ~$118M
Revenue $115.9M, up 9% YoY and 10% QoQ; GAAP net income $1.4M ($0.02 EPS); non-GAAP net income $19.9M ($0.35 EPS)
Power Integrations names Analog Devices exec Jennifer Lloyd as CEO, effective July 21, 2025
Jennifer Lloyd (ex-Analog Devices VP) appointed CEO and board member; Balu Balakrishnan becomes Executive Chairman through Feb 2026, then consultant.
POWI stockholders approve all management proposals at 2025 annual meeting
All eight director nominees elected; top vote-getter Gregg Lowe with ~52.2M shares for.
Power Integrations Q1 revenue $105.5M (+15% YoY); EPS $0.15; guides Q2 rev $115M
Revenue $105.5M (+15% YoY); GAAP EPS $0.15, non-GAAP $0.31; cash flow from ops $26.4M.
Power Integrations CEO Balu Balakrishnan to retire; search for successor underway
Balu Balakrishnan, CEO since 2002, notified company on Feb 3, 2025 of retirement; will stay until successor named.
Power Integrations Q4 revenue up 18% YoY; guides flat Q1 revenue
Q4 net revenues $105.2M, up 18% YoY, down 9% sequentially.
Q3 revenue $115.8M (+9% QoQ, -8% YoY); GAAP EPS $0.25, non-GAAP EPS $0.40.
Power Integrations announces departure of VP Worldwide Sales; internal successor named
VP of Worldwide Sales Yang Chiah Yee departing Sept 21, 2024 for role at non-competing semiconductor company.
Power Integrations Q2 revenue $106.2M, down 14% YoY; guides Q3 revenue ~$115M
GAAP EPS $0.09, non-GAAP EPS $0.28; revenue up 16% QoQ, down 14% YoY.
Seven director nominees elected: Anita Ganti (51.0M for), Ravi Vig (51.0M for), and others each received over 49M votes.
The Board of Directors of Power Integrations, Inc. (the “Company”) appointed Mike Balow as the Company’s Senior Vice President, Worldwide Sales, effective upon Mr. Balow’s commencement of employment with the Company on May 4, 2026.
On February 3, 2025, Balu Balakrishnan notified the Company that he intends to retire from his position as president and chief executive officer.
On September 3, 2024, the Company was informed by Yang Chiah Yee, vice president of worldwide sales, that he has accepted a similar role at another semiconductor company focused on the data-center market; the company does not compete with Power Integrations.
Mr. Yee will be succeeded in the role of vice president of worldwide sales by Gagan Jain, 47, who is being promoted from the position of senior director of sales for the Americas region, a role he has held since 2016.
Max materiality 0.75 · Median 0.65 · Most common event earnings