NasdaqGS:POWISemiconductor
Power Integrations Governance Shifts Highlight Valuation And Incentive Questions
Power Integrations (NasdaqGS:POWI) has announced a chairman transition, with Balu Balakrishnan stepping down as Chairman of the Board and remaining as a director.
Balakrishnan S. Iyer has been appointed as the new independent Chairman of the Board.
The company has also granted inducement equity awards to new executive hires under an expanded equity compensation plan.
These actions highlight changes in board leadership and how the company is structuring incentives for incoming...