Power Integrations, Inc. (POWI)

66.95 +2.53 (+3.93%) At close: 04:00PM EDT

Power Integrations, Inc.

5245 Hellyer Avenue
San Jose, CA 95138-1002
United States
408 414 9200
https://www.power.com

Sector(s): Technology
Industry: Semiconductors
Full-time employees: 819

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Balu Balakrishnan	President, CEO & Chairman	721.82k	N/A	1955
Mr. Sandeep Nayyar	CFO & VP of Finance	460.27k	N/A	1960
Mr. Sunil Gupta	Vice President of Operations	394.76k	N/A	1973
Mr. Yang-Chiah Yee	Vice President of Worldwide Sales	N/A	N/A	1967
Dr. Radu M. Barsan	Vice President of Technology	425.77k	N/A	1953
Mr. David M. H. Matthews	VP & CTO	401.56k	825.48k	1965
Mr. Joe Shiffler	Director of Investor Relations & Corporate Communications	N/A	N/A	N/A
Mr. Clifford J. Walker	Vice President of Corporate Development	334.77k	1.42M	1951
Mr. Douglas Bailey	Vice President of Marketing	297.25k	539.8k	1967

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; InnoSwitch IC for electric vehicles; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales staff, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.

Corporate governance

Power Integrations, Inc.’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.