Gregg Lowe Joins Power Integrations Board for Strategic Growth

Power Integrations Welcomes Gregg Lowe to Its Board of Directors

Power Integrations (NASDAQ: POWI), a front-runner in high-voltage integrated circuits geared towards energy-efficient power conversion, has announced a significant addition to its board of directors. The company is thrilled to welcome Gregg Lowe, who boasts an extensive and impressive career in the semiconductor industry. His official start date with the board is set for February 15, 2025.

Mr. Lowe's Remarkable Career Journey

Gregg Lowe comes with a wealth of experience, notably serving as the CEO of Wolfspeed, Inc. from 2017 to 2024. During his tenure, he drove the company's evolution into a premier producer of silicon-carbide solutions tailored for high-power applications. Before his role at Wolfspeed, Mr. Lowe was at the helm of Freescale Semiconductor from 2012 until its merger with NXP Semiconductors in 2015. His remarkable career spans over 27 years at Texas Instruments, where he embraced various leadership roles in field sales, automotive sales, marketing, and integrated circuits. His journey culminated in becoming the senior vice president and manager of the analog business, playing a pivotal role in acquiring National Semiconductor.

Contributions Beyond Power Integrations

In addition to his new position at Power Integrations, Mr. Lowe is active on several boards, including Silicon Labs and North Carolina A&T University. His leadership extends to a unique role as the chairman of the Rock and Roll Hall of Fame Museum, showcasing his diverse interests. He holds a Bachelor of Science degree in electrical engineering from the esteemed Rose-Hulman Institute of Technology and is a graduate of the Stanford Executive Program at Stanford University.

Vision for Power Integrations' Future

Balu Balakrishnan, chairman and CEO of Power Integrations, expressed excitement over Mr. Lowe joining the board. He remarked, "We are delighted to welcome Gregg Lowe to our board. Gregg is an ideal fit thanks to his decades of experience in analog and power semiconductors, particularly his expansive knowledge of the sales and distribution landscape and deep customer relationships in key end markets including automotive and industrial." This sentiment exemplifies the company's focus on enhancing its leadership to navigate the ever-changing landscape of technology.

About Power Integrations

Power Integrations, Inc. stands at the forefront of innovation in semiconductor technologies explicitly designed for high-voltage power conversion. The products developed by the company serve as essential components within the clean-power ecosystem, facilitating the generation of renewable energy and enabling efficient power transmission and consumption across various applications, from milliwatts to megawatts. Continued exploration and innovation in semiconductor technology are at the heart of Power Integrations' strategy, ensuring the company remains a significant player in the industry.

Frequently Asked Questions

What is the significance of Gregg Lowe joining Power Integrations?

His extensive experience in semiconductors will greatly enhance the board’s expertise and strategic direction.

What previous roles has Gregg Lowe held?

He has served as the CEO of Wolfspeed and Freescale Semiconductor and held significant roles at Texas Instruments.

What are Power Integrations' core products?

The company develops high-voltage integrated circuits for energy-efficient power conversion.

How does Power Integrations contribute to renewable energy?

Its products are vital for generating renewable energy and improving power efficiency for diverse applications.

What qualifications does Gregg Lowe have?

He holds a Bachelor of Science in electrical engineering and completed the Stanford Executive Program.

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