Navitas frames its leadership appointment as a pivotal step in a broader transformation toward high-power GaN and SiC markets, part of a strategic shift to what executives call “Navitas 2.0” amid rapid growth and the AI revolution.

The press release is distributed by Globe Newswire and references Navitas’ Nasdaq ticker NVTS.

Company leadership notes that Fischer’s joining comes during a transformative period focused on high-power semiconductors, GaN and SiC technologies, and growth driven by AI data centers and industrial electrification.

Fischer expresses enthusiasm about helping Navitas scale GaN and high-voltage SiC technologies for high-power markets and the AI era.

Investor relations contacts and standard forward-looking statements caution accompany the release.

Market context shows Navitas trading around mid-$9s per share with a market cap near $2.2 billion, with stock movement tied to governance updates and leadership announcements.

Navitas highlights its GaNFast and GeneSiC technologies, its patent portfolio, and its carbon-neutral status.

Fischer holds a B.S. in Electrical Engineering from the Milwaukee School of Engineering and an MBA from the University of Iowa.

Recent Navitas news includes RSU vesting acceleration for former CFO Todd Glickman, appointment of Tonya Stevens as CFO, and development work on a high-efficiency DC-DC power delivery board and new SiC MOSFET packages.

Fischer brings more than 40 years of semiconductor experience, currently serving as an independent director at Semtech, with prior senior roles at Broadcom, Conexant, and Rockwell entities.

Navitas appointed Gregory M. Fischer, a former Broadcom executive, as a Class III director with reelection in 2027 and Compensation and Executive Steering committee assignments.

Fischer’s governance background spans multiple public semiconductor companies and advisory roles across tech firms and industry groups.