Power Integrations Names Jennifer A. Lloyd to Its Board of Directors

Rhea-AI Summary

Power Integrations (Nasdaq: POWI) announces that Dr. Jennifer A. Lloyd will join its board of directors effective April 1, 2021. Dr. Lloyd brings over two decades of experience in the semiconductor industry, currently serving as vice president at Analog Devices. Her extensive technical background in analog and digital signal processing, along with her nine U.S. patents, will enhance the company’s growth strategy. The board's chairman emphasized her potential contribution to the company’s value.

Positive

• Dr. Jennifer A. Lloyd brings over 20 years of relevant experience, potentially strengthening the board's expertise.
• Her leadership in Precision Technology and Platforms at Analog Devices may enhance innovation at Power Integrations.

Negative

• There could be concerns regarding the continuity of the board's strategy with new leadership dynamics.

Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Jennifer A. Lloyd, Ph.D. will join the company’s board of directors on April 1, 2021.

Since 1997, Dr. Lloyd has served in a succession of increasingly senior technical and management roles at Analog Devices, Inc., a global leader in the design and manufacture of analog, mixed-signal and digital signal processing integrated circuits. She is currently vice president in charge of the company’s Precision Technology and Platforms Group, leading a global team providing technologies for a wide range of applications and end-markets. She has published numerous technical papers and been awarded nine U.S. patents. Dr. Lloyd holds doctoral, master’s and bachelor’s degrees in electrical engineering and computer science from the Massachusetts Institute of Technology.

“We are extremely pleased that Jennifer Lloyd is joining our board,” commented William L. George, chairman of the board of directors of Power Integrations. “Her deep technical expertise and management experience in the analog semiconductor industry will bring immense value to Power Integrations as the company continues to execute its growth strategy.”

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/20210316005852/en/

FAQ

Who is Dr. Jennifer A. Lloyd joining the board of?

Dr. Jennifer A. Lloyd is joining Power Integrations as a board member.

What experience does Dr. Lloyd bring to Power Integrations?

Dr. Lloyd has over 20 years of experience in semiconductor technology and currently serves as vice president at Analog Devices.

When will Dr. Lloyd officially join the board of Power Integrations?

Dr. Lloyd will join the board on April 1, 2021.

What is the significance of Dr. Lloyd's appointment for Power Integrations?

Her extensive expertise in the analog semiconductor industry is expected to add value to Power Integrations' growth strategy.