News: Microelectronics
15 July 2025
Power Integrations names Jennifer Lloyd as CEO
Power Integrations Inc of San Jose, CA, USA (which provides high-voltage integrated circuits for energy-efficient power conversion) says that Jennifer A. Lloyd PhD will be its next chief executive officer, succeeding Balu Balakrishnan, who has been CEO since 2002. A former member of Power Integrations’ board of directors, Lloyd has been reappointed to the board. Both appointments are effective from 21 July.
Since 1997, Lloyd has served in increasingly senior engineering and business roles at Analog Devices Inc. She has led multiple $1bn+ businesses spanning various technologies and end markets. Most recently, she was corporate VP leading its multi-market power business unit, responsible for product, strategy and proft & loss, with leadership of a large global team. Prior roles included leadership of Analog’s precision franchise and its healthcare and consumer unit.
“Throughout her distinguished career at Analog Devices, she has proven her ability to drive innovation, deliver new products to the market and achieve profitable growth,” comments Balakrishnan about Lloyd. “Her deep knowledge of power products and technologies and her familiarity with our company will allow her to hit the ground running,” he adds.
Lloyd holds doctoral, master’s and bachelor’s degrees in electrical engineering and computer science from the Massachusetts Institute of Technology. As an author of numerous technical papers and recipient of eight US patents, she has also been active in the IEEE community, having served on the technical program committee for the International Solid-State Circuits Conference (ISSCC), the Custom Integrated Circuits Conference (CICC) and the VLSI Symposia.
Balakrishnan plans to serve as executive chairman of Power Integrations’ board of directors for about six months to ensure a smooth leadership transition. He is expected to remain a non-executive member of the board thereafter. Bala Iyer will remain in the role of lead independent director.
“Power Integrations has a unique franchise in high-voltage semiconductors, with strong intellectual property spanning process, design and packaging, as well as strong system-level expertise and a brand that is respected across the power electronics industry,” comments Lloyd. “The company has tremendous growth opportunities in markets like automotive, data center, renewable energy, grid modernization and many more.”
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