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Navitas Semiconductor Corporation
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Navitas Semiconductor Corporation

Navitas Semiconductor Appoints New CFO

| 8-K |Technology

Summary

On January 9, 2024, Navitas Semiconductor Corporation announced the departure of its CFO Ron Shelton, effective March 15, 2024. On January 10, 2024, the company appointed Janet Chou as Executive Vice President, Chief Financial Officer and Treasurer, effective upon the filing of its 2023 annual report on Form 10-K. Janet Chou, a seasoned financial executive, previously served as CFO of Global Operations for Western Digital Corporation. Navitas also announced its participation in upcoming investor conferences with its new CFO.

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CFO Resignation New CFO Appointed Regulation FD Disclosure Exhibits Furnished

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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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