➀ Jennifer Lloyd, former Analog Devices executive, will replace Balu Balakrishnan as CEO of Power Integrations after his 23-year tenure;

➁ Lloyd highlighted the company's potential in automotive, data centers, renewable energy, and grid modernization, leveraging its high-voltage semiconductor expertise;

➂ Balakrishnan will transition to executive chairman for six months and remain on the board, praising Lloyd's product innovation and technical leadership.