Information
Strengthens leadership team with addition of former Micron, Analog Devices executive
Original sourceCorporate Developments
The addition of Jacbos enhances POWI's leadership team, central to executing strategic goals and market positioning. This change can influence investor confidence and attract interest from market analysts.
FAQ
Why Bullish?
The appointment of a highly experienced executive typically signals potential for improved strategy and performance. Historical instances show that strong leadership transitions can positively impact stock prices, especially in strategic roles.
How important is it?
The addition of Jacbos enhances POWI's leadership team, central to executing strategic goals and market positioning. This change can influence investor confidence and attract interest from market analysts.
Why Long Term?
The shift in product strategy towards long-term growth markets like industrial and automotive indicates a lengthened timeline for potential tangible results. Changes in leadership often take time to translate into financial performance.
Strengthens leadership team with addition of former Micron, Analog Devices executive
Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, announced the appointment of Chris Jacobs as senior vice president for marketing and product strategy, effective today. Mr. Jacobs brings a wealth of experience in the semiconductor industry, with an outstanding record of product execution, customer acquisition and strategy development across a range of end markets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260105475282/en/
Chris Jacobs joins Power Integrations as Senior VP, Marketing and Product Strategy.
Mr. Jacobs joins Power Integrations from Micron Technology, where he served most recently as vice president and general manager for the automotive, industrial/multi-market and consumer market segments of the company's multi-billion-dollar automotive & embedded business unit. Previously, Mr. Jacobs spent more than 25 years at Analog Devices, holding a succession of leadership roles including vice president for marketing and business development in the company's power IC and module business and vice president and general manager for the autonomous transportation & automotive safety business unit.
Mr. Jacobs holds an MBA from Boston College, an MS in electrical engineering from Northeastern University and a BS in computer engineering from Clarkson University. He has also completed executive leadership programs at Stanford University and MIT.
Commented Jen Lloyd, president and CEO of Power Integrations: "Chris is a veteran leader who excels at building strong relationships with top-tier global customers and delivering the right products to drive profitable revenue growth. Chris's leadership will be instrumental as we pivot to a more customer-centric product strategy and align our roadmap with the markets that will drive long-term growth – industrial, data center and automotive. We are thrilled to welcome Chris to our executive team."
About Power Integrations
Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power-conversion. The company's 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.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260105475282/en/
Joe Shiffler
Power Integrations, Inc.
(408) 414-8528
jshiffler@power.com