Sandeep Nayyar

Sandeep Nayyar has served as our vice president and chief financial officer since June 2010. Previously Mr. Nayyar served as vice president of finance at Applied Biosystems, Inc., a developer and manufacturer of life-sciences products, from 2002 to 2009. Mr. Nayyar was a member of the executive team with world-wide responsibilities for finance. From 1990 to 2001, Mr. Nayyar served in a succession of financial roles including vice president of finance at Quantum Corporation, a computer storage company. Mr. Nayyar also worked for five years in the public-accounting field at Ernst & Young LLP. Mr. Nayyar is a Certified Public Accountant, Chartered Accountant and has a B.S. in Accounting from the University of Delhi, India.

A publicly-traded company is only required to disclose information concerning the amount and type of compensation paid to its CEO, CFO, and the three other most highly compensated executive officers in a given year. Information about compensation for these individuals may be unavailable in prior years if they were not in their current roles or did not qualify as among the most highly compensated officers at the time.

Load More

Power Integrations, Inc. was incorporated in California on March 25, 1988 and reincorporated in Delaware in December 1997. The Company designs, develops, manufactures and markets proprietary, high-voltage, analog integrated circuits for use mainly in AC-DC and DC-DC power conversion in the consumer, communications, computer and industrial electronics markets. It currently offers IC products that could be used in AC-DC power supplies with output wattages ranging from less than one watt up to approximately 500 watts; it also offers products designed for certain high-voltage DC-DC applications such as power-over-Ethernet. The Company's ICs could be used in virtually any power-supply application within its addressable power range; the vast majority is used in power supplies intended for the communications, consumer, computer and industrial end markets. The company's products include: TOPSwitch, TinySwitch, LinkSwitch, Hiper and DPA-Switch. To manufacture its wafers, the Company contracts with three foundries: OKI Electric Industry, or OKI; Seiko Epson Corporation, or Epson and XFAB Dresden GmbH & Co KG, or XFAB. These contractors manufacture its wafers at foundries located in Japan and Germany. The Company's products are assembled and packaged by independent subcontractors in China, Malaysia, Thailand and the Philippines. It sells its products to original equipment manufacturers, or OEMs, and merchant power supply manufacturers through a direct sales staff and through a worldwide network of independent sales representatives and distributors. Competing alternatives to its high-voltage ICs include monolithic and hybrid products from companies such as Fairchild Semiconductor, STMicroelectronics, Infineon, ON Semiconductor and Sanken Electric Company, as well as PWM controller chips paired with discrete high-voltage bipolar transistors and MOSFETs, which are produced by a number of vendors. The Company's trademarks are TOPSwitch, TinySwitch, LinkSwitch, DPA-Switch, EcoSmart, Hiper, Hiper-PLC and PI Expert. As of December 31, 2011, it held 534 U.S. patents and had received foreign patent protection on these patents resulting in 390 foreign patents. The U.S. patents have expiration dates ranging from 2013 to 2030. The company also holds trademarks in the U.S. and various other geographies including Taiwan, Korea, Hong Kong, China, Europe and Japan.

Sandeep Nayyar has served as our vice president and chief financial officer since June 2010. Previously Mr. Nayyar served as vice president of finance at Applied Biosystems, Inc., a developer and manufacturer of life-sciences products, from 2002 to 2009. Mr. Nayyar was a member of the executive team with world-wide responsibilities for finance. From 1990 to 2001, Mr. Nayyar served in a succession of financial roles including vice president of finance at Quantum Corporation, a computer storage company. Mr. Nayyar also worked for five years in the public-accounting field at Ernst & Young LLP. Mr. Nayyar is a Certified Public Accountant, Chartered Accountant and has a B.S. in Accounting from the University of Delhi, India.