News: Microelectronics
24 September 2025
Power Integrations’ CFO Sandeep Nayyar leaving firm on 4 October
Power Integrations Inc of San Jose, CA, USA (which provides high-voltage integrated circuits for energy-efficient power conversion) says that Sandeep Nayyar (its chief financial officer since 2010) is leaving the firm (effective 4 October) to pursue a new opportunity.
Senior director of finance Eric Verity (a veteran member of the finance leadership team) is serving as interim CFO while the firm searches for a new CFO. Additionally, the company reaffirmed the third-quarter financial outlook it provided on 6 August.
“Sandeep has played a vital role on our senior leadership team over the past 15 years,” comments president & CEO Jennifer Lloyd. “Thanks to his expert stewardship, Power Integrations has a strong financial foundation to build upon as we execute our growth strategy,” he adds.
“I am incredibly proud of all that our finance and HR teams have accomplished during my tenure,” says Nayyar. “I leave knowing that Power Integrations is on very solid financial footing, with an extremely capable new leader in Jen Lloyd.”