Navitas names Janet Chou as executive VP, CFO & treasurer

News: Microelectronics

10 January 2024

Gallium nitride (GaN) power IC and silicon carbide (SiC) technology firm Navitas Semiconductor Corp of Torrance, CA, USA has appointed Janet Chou as executive VP, chief financial officer & treasurer, effective upon the filing of Navitas’ 2023 annual report on Form 10‑K expected at the end of February.

Chou will report to president & CEO Gene Sheridan and will replace senior VP, CFO & treasurer Ron Shelton, who announced his intention to pursue other opportunities effective 15 March. Following the Form 10-K filing, Shelton will provide advice and assistance to Sheridan and transition assistance and support to Chou.

“Under Ron’s financial leadership, we have executed a significant and successful capital raise, built a strong investor and analyst base, and completed three strategic acquisitions—all while delivering predictable and impressive financial results,” comments Sheridan. “I am also very excited to welcome Janet Chou as our new CFO,” he adds. “I am confident her deep experience in financial leadership at global, multi-billion-dollar public semiconductor leaders will be invaluable as we scale Navitas to new levels in coming years.”

Chou was previously VP & CFO of global operations for Western Digital Corp, a $12bn Nasdaq-listed developer, manufacturer and provider of data storage devices and solutions. She was previously CFO of JCET Group Co Ltd, a $5bn global semiconductor company listed on the Shanghai Stock Exchange. Before that, Chou progressed through a series of senior financial management roles at NXP Semiconductors N.V., a $13bn global semiconductor manufacturer, including VP & CFO for Greater China, and VP & CFO of the Portable & Computing business unit.

Chou is a certified public accountant and holds a bachelor’s degree in accounting from the University of Texas, San Antonio, and an MBA from Santa Clara University.

See related items:

Navitas ranked top 50 in Forbes’ 2024 Most Successful Small Companies

Navitas’ revenue grows 22% sequentially in Q3

Tags: Power electronics

Visit: www.navitassemi.com

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• Source: https://www.semiconductor-today.com/news_items/2024/jan/navitas-100124.shtml