Power Integrations announced on September 22, 2025, that its Chief Financial Officer, Sandeep Nayyar, will be leaving the company. Nayyar's last day will be October 4, as he pursues a new opportunity.
Nayyar will be joining Altera Corporation as their Chief Financial Officer, indicating a move to another significant role in the semiconductor industry. His departure marks a key executive transition for Power Integrations.
The company will need to appoint a new CFO to oversee its financial operations and strategy. This change in financial leadership is a material event for investors to consider regarding the company's future financial management.
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