Power Integrations Appoints Thomas Simonis as VP of High-Power Products

July 25, 2016

Industry veteran to lead next stage of company’s growth in high-voltage IGBT and SiC gate driver markets

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (NASDAQ:POWI), the leader in driver technology for high-voltage IGBTs and SiC MOSFETs, today announced the appointment of Thomas Simonis as VP of high-power products with responsibility for product management, R&D and marketing. With over 25 years of service in the high-voltage motor-driver and semiconductor industries, Mr. Simonis joins Power Integrations with senior technical and business management experience at a variety of companies including ATB, CPM and Infineon. Mr. Simonis succeeds Wolfgang Ademmer, who is retiring from Power Integrations after joining the company in 2012 via the acquisition of CT-Concept.

Commented Balu Balakrishnan, CEO of Power Integrations: “I thank Wolfgang for his service and dedication over the last four years. Wolfgang helped build CT-Concept into a market-leading company, and has been instrumental in the successful integration of the business into Power Integrations. I’m very pleased that in Thomas Simonis we have attracted a highly accomplished manager and business leader to drive the next stage of our growth in the high-power market.”

Added Mr. Simonis: “I am excited to join a company with such an outstanding track record of ground-breaking innovations in high-voltage power conversion. Power Integrations has an impressive portfolio of high-voltage gate-driver products, such as the brand-new SCALE-iDriver™ family, and I look forward to driving continued growth and innovation as a member of PI’s leadership team.”

Mr. Ademmer commented: “Our success has been due to the continuous introduction of revolutionary driver products, and with Thomas joining the PI high-power team the company is gaining significant experience in innovation-management. Under Thomas’s leadership, our team will continue to develop cutting-edge gate-driver products for the inverter market. While I regret leaving PI, which is a great company, I’m pleased that PI’s high-power business is in good hands.”

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, LYTSwitch and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owner.

Source: Power Integrations, Inc.

Media Contact

Power Integrations, Inc.

Peter Rogerson, 408-414-8573

peter.rogerson@power.com

or

Press Agency Contact

BWW Communications

Nick Foot, 44 (0) 1491-636 393

nick.foot@bwwcomms.com

NASDAQ: POWI $119.08 -1.23
-1.02% Volume: 129,556 August 7, 2020

Contact Us

Joe Shiffler
Director, Investor Relations & Corporate Communications
(408) 414-8528
joe@power.com

Literature Requests
ir@power.com

Mailing Address:
Power Integrations
Attn: Investor Relations
5245 Hellyer Avenue San Jose, CA. 95138

Transfer Agent:
Computershare
P.O. Box 30170
College Station, TX 77842
Phone: (781) 575-2879




Subscribe to Investor Alerts

Email Address *
Mailing Lists *



 
Enter the code shown above.