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Power Integrations Names Gregg Lowe to Its Board of Directors

1. Gregg Lowe joins Power Integrations' board, starting February 2025. 2. Lowe's experience includes leadership roles in key semiconductor firms. 3. His expertise in power semiconductors strengthens POWI's market position. 4. CEO expresses excitement about Lowe's extensive industry knowledge. 5. Lowe's background can enhance customer relationships in automotive and industrial sectors.

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FAQ

Why Bullish?

Lowe's strong industry background could foster strategic insights, enhancing POWI's performance.

How important is it?

The article highlights a significant leadership addition, likely to influence long-term company strategy.

Why Long Term?

Leadership changes like this typically impact company strategy and operations over time.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Gregg Lowe will join the company’s board of directors on February 15, 2025. From 2017 until 2024 Mr. Lowe was CEO of Wolfspeed, Inc., where he led the company’s transition to a pure-play manufacturer of silicon-carbide solutions for high-power applications. Previously, he was CEO of Freescale Semiconductor from 2012 until its 2015 merger with NXP Semiconductors. Earlier, he had a 27-year career at Texas Instruments, serving in a succession of leadership roles across field sales, automotive sales, marketing, and integrated circuits, culminating in the role of senior vice president and manager of the company’s analog business, where he helped direct the acquisition of National Semiconductor. Mr. Lowe currently serves on the boards of Silicon Labs and North Carolina A&T University, and is chairman of the board of the Rock and Roll Hall of Fame Museum. He holds a Bachelor of Science degree in electrical engineering from the Rose-Hulman Institute of Technology and has completed the Stanford Executive Program at Stanford University. Commented Balu Balakrishnan, chairman and CEO of Power Integrations: “We are delighted to welcome Gregg Lowe to our board. Gregg is an ideal fit thanks to his decades of experience in analog and power semiconductors, particularly his expansive knowledge of the sales and distribution landscape and deep customer relationships in key end markets including automotive and industrial.” 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.

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