Power Integrations Names Necip Sayiner to Its Board of Directors

March 19, 2018

SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Dr. Necip Sayiner will join the company’s board of directors on April 1, 2018.

A veteran of the semiconductor industry, Dr. Sayiner has served as executive vice president of Renesas Electronics Corporation since February 2017 and the president of Renesas Electronics America since July 2017. Previously, he was the president and CEO of Intersil Corporation from March 2013 until its acquisition by Renesas Electronics Corporation in February 2017. Prior to Intersil, from September 2005 to April 2012, he was the president and CEO of Silicon Labs. He also served as the elected chair of the Semiconductor Industry Association in 2016 and the vice chair in 2015. Dr. Sayiner holds a B.S. in electrical engineering and a B.S. in physics from Bosphorus University in Turkey, an M.S. in engineering from Southern Illinois University, and a Ph.D. in electrical engineering from the University of Pennsylvania.

“We are delighted that Necip is joining our board,” commented E. Floyd Kvamme, chairman of Power Integrations’ board of directors. “We believe his leadership experience and deep knowledge of the semiconductor industry will be extremely valuable 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.

Source: Power Integrations, Inc.

Power Integrations, Inc.

Joe Shiffler, 408-414-8528

jshiffler@power.com

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NASDAQ: POWI $68.15 +0.30
+0.44% Volume: 345,790 September 21, 2018

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Joe Shiffler
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jshiffler@power.com

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