Power Integrations Management

Management criteria checks 3/4

Power Integrations' CEO is Balu Balakrishnan, appointed in Apr 2001, has a tenure of 23.58 years. total yearly compensation is $8.22M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth €27.10M. The average tenure of the management team and the board of directors is 9.3 years and 7.6 years respectively.

Key information

Balu Balakrishnan

Chief executive officer

US$8.2m

Total compensation

CEO salary percentage	8.6%
CEO tenure	23.6yrs
CEO ownership	0.8%
Management average tenure	9.3yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Balu Balakrishnan's remuneration changed compared to Power Integrations's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$37m
Jun 30 2024	n/a	n/a	US$43m
Mar 31 2024	n/a	n/a	US$53m
Dec 31 2023	US$8m	US$706k	US$56m
Sep 30 2023	n/a	n/a	US$64m
Jun 30 2023	n/a	n/a	US$90m
Mar 31 2023	n/a	n/a	US$131m
Dec 31 2022	US$7m	US$691k	US$171m
Sep 30 2022	n/a	n/a	US$189m
Jun 30 2022	n/a	n/a	US$185m
Mar 31 2022	n/a	n/a	US$171m
Dec 31 2021	US$7m	US$662k	US$164m
Sep 30 2021	n/a	n/a	US$151m
Jun 30 2021	n/a	n/a	US$124m
Mar 31 2021	n/a	n/a	US$95m
Dec 31 2020	US$6m	US$638k	US$71m
Sep 30 2020	n/a	n/a	US$202m
Jun 30 2020	n/a	n/a	US$204m
Mar 31 2020	n/a	n/a	US$202m
Dec 31 2019	US$6m	US$609k	US$193m
Sep 30 2019	n/a	n/a	US$58m
Jun 30 2019	n/a	n/a	US$58m
Mar 31 2019	n/a	n/a	US$63m
Dec 31 2018	US$5m	US$593k	US$70m
Sep 30 2018	n/a	n/a	US$30m
Jun 30 2018	n/a	n/a	US$29m
Mar 31 2018	n/a	n/a	US$28m
Dec 31 2017	US$10m	US$572k	US$28m

Compensation vs Market: Balu's total compensation ($USD8.22M) is above average for companies of similar size in the German market ($USD1.90M).

Compensation vs Earnings: Balu's compensation has been consistent with company performance over the past year.

CEO

Balu Balakrishnan (69 yo)

23.6yrs

Tenure

US$8,218,982

Compensation

Mr. Balu Balakrishnan has been the Chief Executive Officer at Power Integrations Inc., since January 2002 and has been its President since April 2001 and Director since January 2002 and serves as its Chair...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Balu Balakrishnan	President	23.6yrs	US$8.22m	0.78% € 27.1m
Sandeep Nayyar	CFO & VP of Finance	14.4yrs	US$3.54m	0.049% € 1.7m
Sunil Gupta	Vice President of Operations	4.3yrs	US$2.19m	0.026% € 899.0k
Yang-Chiah Yee	Vice President of Worldwide Sales	3.4yrs	no data	0.080% € 2.8m
Radu Barsan	Vice President of Technology	no data	US$2.55m	0.072% € 2.5m
David M. Matthews	VP & CTO	1.8yrs	US$1.48m	0.056% € 1.9m
Joe Shiffler	Director of Investor Relations & Corporate Communications	no data	no data	no data
Clifford Walker	Vice President of Corporate Development	29.4yrs	US$973.64k	0.25% € 8.6m
Douglas Bailey	Vice President of Marketing	20yrs	US$1.17m	0.15% € 5.3m
Gagan Jain	Vice President of Worldwide Sales	less than a year	no data	0.019% € 659.5k

9.3yrs

Average Tenure

61.5yo

Average Age

Experienced Management: PWI's management team is seasoned and experienced (9.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Balu Balakrishnan	President	22.8yrs	US$8.22m	0.78% € 27.1m
Balakrishnan Iyer	Lead Independent Director	20.8yrs	US$203.99k	0.033% € 1.2m
Nicholas Brathwaite	Independent Director	24.8yrs	US$181.99k	0.057% € 2.0m
Nancy Gioia	Independent Director	1.8yrs	US$229.66k	0.0067% € 232.3k
Ravi Vig	Independent Director	1.6yrs	US$190.11k	0.0059% € 203.2k
Wendy Arienzo	Independent Director	7.6yrs	US$183.99k	0.021% € 741.4k
Anita Ganti	Independent Director	4.6yrs	US$173.99k	0.013% € 439.7k

7.6yrs

Average Tenure

65yo

Average Age

Experienced Board: PWI's board of directors are considered experienced (7.6 years average tenure).

Power Integrations Management

Management criteria checks 3/4

Key information

Recent management updates

Vice President of Marketing recently sold €521k worth of stock

Vice President of Marketing recently sold €454k worth of stock

President recently sold €624k worth of stock

Power Integrations, Inc., Annual General Meeting, May 17, 2024

President recently sold €660k worth of stock

President recently sold €437k worth of stock

Recent updates

New minor risk - Insider selling

Vice President of Marketing recently sold €521k worth of stock

Third quarter dividend of US$0.21 announced

Third quarter 2024 earnings released: EPS: US$0.25 (vs US$0.34 in 3Q 2023)

Power Integrations, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Power Integrations Launches 1700 V GaN Switcher IC, Setting New Benchmark for Gallium Nitride Technology

Power Integrations, Inc. to Report Q3, 2024 Results on Nov 06, 2024

Upcoming dividend of US$0.20 per share

Second quarter dividend of US$0.20 announced

Power Integrations, Inc. announces Quarterly dividend, payable on September 30, 2024

Second quarter 2024 earnings released: EPS: US$0.085 (vs US$0.26 in 2Q 2023)

Power Integrations, Inc. Provides Financial Guidance for the Third Quarter of 2024

Power Integrations, Inc. to Report Q2, 2024 Results on Aug 06, 2024

Power Integrations, Inc. (NasdaqGS:POWI) completed the acquisition of assets of Odyssey Semiconductor Technologies (OTCQB: ODII).

Upcoming dividend of US$0.20 per share

Power Integrations Launches Single-Board Plug-and-Play Gate Drivers for 1.2 kV to 2.3 kV “New Dual” IGBT Modules

Vice President of Marketing recently sold €454k worth of stock

First quarter dividend of US$0.20 announced

Power Integrations, Inc. Provides Earnings Guidance for the Second Quarter of 2024

First quarter 2024 earnings released: EPS: US$0.07 (vs US$0.12 in 1Q 2023)

Power Integrations, Inc. to Report Q1, 2024 Results on May 07, 2024

President recently sold €624k worth of stock

Power Integrations, Inc., Annual General Meeting, May 17, 2024

Power Integrations Announces InnoMux-2 Family of Single-Stage, Independently Regulated Multi-Output Offline Power-Supply ICs

Upcoming dividend of US$0.20 per share

President recently sold €660k worth of stock

Fourth quarter dividend of US$0.20 announced

Full year 2023 earnings released: EPS: US$0.97 (vs US$2.96 in FY 2022)

Power Integrations, Inc. Provides Earnings Guidance for the First Quarter of 2024

President recently sold €437k worth of stock

Power Integrations, Inc. Introduces InnoSwitch5 Offline Flyback Switcher IC

Power Integrations, Inc. to Report Q4, 2023 Results on Feb 08, 2024

President recently sold €3.4m worth of stock

Chief Technology Officer & VP recently sold €500k worth of stock

Upcoming dividend of US$0.20 per share at 1.0% yield

Chief Technology Officer & VP recently sold €384k worth of stock

Third quarter 2023 earnings released: EPS: US$0.34 (vs US$0.80 in 3Q 2022)

Power Integrations, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Power Integrations Launches New Non-Isolated Flyback Switcher ICs with Best-in-Class Efficiency and Light-Load Operation for Small Power Supplies

Chief Technology Officer & VP recently sold €658k worth of stock

Upcoming dividend of US$0.19 per share at 0.9% yield

Independent Director recently sold €461k worth of stock

Power Integrations, Inc. Announces Dividend, Payable on September 29, 2023

New minor risk - Profit margin trend

Power Integrations, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$0.26 (vs US$0.97 in 2Q 2022)

Power Integrations, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Insider recently sold €378k worth of stock

Upcoming dividend of US$0.19 per share at 0.9% yield

Vice President of Marketing recently sold €76k worth of stock

Power Integrations Unveils New SCALE-iFlex LT NTC IGBT/SiC Module Gate Drivers with Temperature Readout

Power Integrations, Inc. Provides Revenue Guidance for the Second Quarter of 2023

First quarter 2023 earnings released: EPS: US$0.12 (vs US$0.78 in 1Q 2022)

Power Integrations, Inc. Announces Dividend, Payable on June 30, 2023

Vice President of Technology recently sold €125k worth of stock

Chief Technology Officer recently sold €464k worth of stock

Upcoming dividend of US$0.19 per share at 0.9% yield

Full year 2022 earnings released: EPS: US$2,956 (vs US$2.73 in FY 2021)

Vice President of Worldwide Sales recently sold €67k worth of stock

Power Integrations, Inc. Announces Dividend, Payable on March 31, 2023

Power Integrations, Inc. to Report Q4, 2022 Results on Feb 06, 2023

Power Integrations Names Nancy Gioia to Its Board of Directors, Effective January 1, 2023

Vice President of Product Development recently sold €371k worth of stock

Upcoming dividend of US$0.18 per share

Vice President of Product Development recently sold €451k worth of stock

Insufficient new directors

Power Integrations, Inc. Combines Programmability, High Efficiency and Small Form Factor in New Zero-Voltage-Switching Power-Supply ICs

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.80 (vs US$0.70 in 3Q 2021)