Power Integrations names Nancy Erba CFO, effective January 5, 2026
Power Integrations said it will appoint Nancy Erba as chief financial officer, principal financial officer and principal accounting officer when she starts on January 5, 2026. Erba, 59, was CFO of Infinera Corporation from August 2019 to February 2025 and previously served as CFO of Immersion Corporation. Interim CFO Robert Eric Verity will step down from that role on her start date and return to his position as Senior Director of Finance, which ends the interim arrangement for shareholders.
Key points
- Start date for Erba is currently scheduled for January 5, 2026
- Base salary of $500,000, plus a $3 million RSU award vesting over four years and a $2 million target PRSU award
- Target annual PSU award pro-rated from a full-year value of $425,000 for 2026
- Board's Talent and Compensation Committee adopted a 2025 Inducement Award Plan on November 14, 2025, reserving 350,000 shares without stockholder approval
The filing
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 November 18, 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.