Balu Balakrishnan is the president and CEO of Power Integrations, Inc., a semiconductor manufacturing company.
Balakrishnan joined Power Integrations in 1989, and he has held various leadership roles over the years, including VP of engineering and marketing, VP of engineering and new business, and VP of engineering and strategic marketing. He took on the role of president and chief operating officer in 2001 and then became CEO in 2002.
Prior to his time with Power Integrations, Balakrishnan spent 11 years at National Semiconductor Corporation, where he was responsible for engineering and product-line management.
He is listed as chief inventor for several of Power Integrations key products and technologies, and he has been issued 205 U.S. patents. He has been the recipient of numerous awards, including the Discover Award for Technological Innovation and the TechAmerica Innovator Award, both in recognition of EcoSmart technology’s environmental benefits.
Outside of his corporate role, Balakrishnan serves on the board of LensVector, Inc., the leader in dynamic molecular optics.
Balakrishnan earned his B.S.E.E. at Bangalore University in India and his M.S.E.E. at the University of California, Los Angeles (UCLA). Additionally, he has completed UCLA’s directors certification program.
What is Balu Balakrishnan's net worth?
The estimated net worth of Balu Balakrishnan is at least $34.07 million as of April 2nd, 2024. Mr. Balakrishnan owns 552,161 shares of Power Integrations stock worth more than $34,068,334 as of December 21st. This net worth approximation does not reflect any other investments that Mr. Balakrishnan may own. Additionally, Mr. Balakrishnan receives a salary of $721,820.00 as CEO at Power Integrations. Learn More about Balu Balakrishnan's net worth.
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Has Balu Balakrishnan been buying or selling shares of Power Integrations?
Balu Balakrishnan has not been actively trading shares of Power Integrations in the last ninety days. Most recently, Balu Balakrishnan sold 9,799 shares of the business's stock in a transaction on Tuesday, April 2nd. The shares were sold at an average price of $68.61, for a transaction totalling $672,309.39. Following the completion of the sale, the chief executive officer now directly owns 552,161 shares of the company's stock, valued at $37,883,766.21. Learn More on Balu Balakrishnan's trading history.
Who are Power Integrations' active insiders?
Power Integrations' insider roster includes Doug Bailey (VP), Balu Balakrishnan (CEO), Radu Barsan (VP), Nicholas Brathwaite (Director), William George (Director), Sunil Gupta (VP), Gagan Jain (VP, Worldwide Sales), David Matthews (VP), Sandeep Nayyar (CFO), Necip Sayiner (Director), Steven Sharp (Director), Ben Sutherland (VP), Clifford Walker (VP), and Yang Yee (VP). Learn More on Power Integrations' active insiders.
Are insiders buying or selling shares of Power Integrations?
During the last twelve months, insiders at the semiconductor company sold shares 28 times. They sold a total of 110,458 shares worth more than $8,041,719.30. The most recent insider tranaction occured on November, 27th when VP Clifford Walker sold 10,000 shares worth more than $643,600.00. Insiders at Power Integrations own 1.7% of the company.
Learn More about insider trades at Power Integrations. Information on this page was last updated on 11/27/2024.