Power Integrations (POWI) announced that it has appointed Sandeep Nayyar as vice president and chief financial officer, effective today.
Nayyar comes to Power Integrations with more than 20 years of corporate financial-management and public-accounting experience. Most recently, he served as vice president of finance and a member of the senior executive team at Applied Biosystems, Inc. or ABI, a developer and manufacturer of life-sciences products with more than $2 billion in annual revenues.
Prior to merging with Invitrogen to form Life Technologies Corp., ABI was publicly traded as a tracking stock of Applera Corp. Previously, Nayyar spent eleven years at Quantum Corporation, serving in a succession of financial roles including vice president of finance for the company's $3 billion disk-drive group. Nayyar also spent five years in the public-accounting field at Ernst & Young.
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