Navitas Semiconductor Corporation
Navitas Semiconductor Appoints New CFO and Accelerates Vesting for Departing CFO
Summary
Navitas Semiconductor Corporation announced the departure of its former Chief Financial Officer, Todd Glickman, who will transition to a consulting role until March 30, 2026. Tonya Stevens has been appointed as the new Chief Financial Officer and Treasurer, effective as of the Transition Date. In recognition of his service, the Company agreed to accelerate the vesting of 211,528 previously granted but unvested restricted stock units for Mr. Glickman, which were otherwise scheduled to vest on September 20, 2026.
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About Navitas Semiconductor Corporation
Navitas Semiconductor Corporation is a leading innovator in the field of power semiconductors, specializing in the development and manufacturing of next-generation gallium nitride (GaN) power integrated circuits. These cutting-edge components are designed to enhance the efficiency and power density of electronic systems, offering significant advantages over traditional silicon alternatives. Navitas's products are instrumental in a wide array of applications, including fast chargers for mobile devices, data centers, solar inverters, and electric vehicles. The corporation's pioneering technology enables reductions in energy consumption and CO2 emissions, aligning with global sustainability goals. By addressing critical bottlenecks in power conversion and management, Navitas Semiconductor plays a pivotal role in advancing the performance and environmental impact of electronic devices. As the demand for more efficient, smaller, and lighter power solutions grows, Navitas Semiconductor remains at the forefront of this rapidly evolving sector, contributing to the transformation of industries and influencing technological advancements worldwide.
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