Lloyd was most recently corporate vice-president of Analog Devices’ power business unit, having held a succession of increasingly senior engineering and business roles at Analog since 1997 including heading $1bn business units.
“Power Integrations has a unique franchise in high-voltage semiconductors, with strong intellectual property spanning: process, design and packaging, as well as strong system-level expertise and a brand that is respected across the power-electronics industry,” said Lloyd. “The company has tremendous growth opportunities in automotive, data center, renewable energy and grid modernisation.”
For a six month transition Balakrishnan will be Power Integrations executive chairman, after which he is expected to remain a non-executive board member.
“We are thrilled that Jen Lloyd will be our next CEO,” said Balakrishnan. “She has proven her ability to drive innovation, deliver new products to the market and achieve profitable growth. Her deep knowledge of power products and technologies and her familiarity with our company will allow her to hit the ground running.”
Lloyd has master and bachelor degrees in electrical engineering and computer science from MIT, has eight patents, and has served on IEEE committees for ISSCC, the Custom Integrated Circuits Conference and the VLSI Symposia.
