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AI brief of an SEC Form 8-K · Power Integrations (POWI)

Power Integrations CFO Nayyar to leave October 4; Verity named interim CFO

Neutral Impact 4 of 5 leadership Written later

Power Integrations said CFO Sandeep Nayyar will leave the company effective October 4, 2025 to pursue a new opportunity, and Senior Director of Finance Robert Eric Verity will serve as interim CFO while the company searches for a successor. The company also reaffirmed the third-quarter financial outlook it gave on August 6, 2025. The change in the top finance role matters to shareholders because it shifts responsibility for financial reporting, while the reaffirmed outlook offers continuity.

Key points

  • Sandeep Nayyar, CFO and principal accounting officer since 2010, resigns effective October 4, 2025; the filing says the resignation is not due to any disagreement with the company.
  • Robert Eric Verity, 59, Senior Director of Finance since March 2018, becomes interim CFO and principal accounting officer upon Nayyar's resignation.
  • Verity's annual base salary is $351,822; his 2025 awards include 2,008 RSUs valued at $96,280 and target PSUs valued at $48,294.
  • The company reaffirmed its third-quarter outlook first provided on August 6, 2025.

The filing

CompanyPower Integrations (POWI)
Form8-K, current report
Filed with the SECSep 22, 2025, 4:16 PM ET
Accession number0000833640-25-000174

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 22, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.