Sandeep Nayyar Departs Power Integrations to Become CFO of Altera Corporation

Group 1 - Power Integrations Inc. announced the departure of CFO Sandeep Nayyar, who has been with the company since 2010, to join Altera Corporation as its new CFO [1][3] - Nayyar has over 30 years of financial leadership experience in the semiconductor, storage, and life sciences industries, with a strong track record in operational excellence and strategic financial oversight [2][3] - During his 15-year tenure at Power Integrations, Nayyar oversaw finance, human resources, and corporate development, contributing to the company's sustained growth [2] Group 2 - Power Integrations designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and other electronic components used in high-voltage power conversion [4]