Navitas Semiconductor Corporation
Navitas Semiconductor Elects New Board Members at Annual Meeting
Summary
On June 25, 2026, Navitas Semiconductor Corporation held its annual meeting of stockholders. Three new directors were elected to the board: Brian Long, David Moxam, and Dipender Saluja. A proposal to declassify the board was not approved, meaning the terms of the newly elected directors will expire at the 2029 annual meeting. Stockholders also approved the advisory resolution on executive compensation and ratified the appointment of KPMG LLP as the independent auditor for the fiscal year ending December 31, 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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