Navitas Semiconductor Appoints Davin Lee as Independent Director to its Board

Lee Brings Over 30 Years of Semiconductor and Power Management Experience as Navitas Continues its Strategic Pivot to High-Power Markets

TORRANCE, Calif., May 04, 2026 (GLOBE NEWSWIRE) -- Navitas Semiconductor, (Nasdaq: NVTS), an industry leader in next-generation GaNFast gallium nitride (GaN) and GeneSiC silicon carbide (SiC) power semiconductors, today announced the appointment of semiconductor veteran, Davin Lee, to its Board effective immediately. Lee brings extensive technological and operating experience from leading semiconductor companies to the Board and will stand for reelection in 2027 as a Class III director. He will serve on the Compensation Committee and the Governance and Sustainability Committee.

“I am pleased to welcome Davin to the Navitas board of directors,” said Richard Hendrix, Chairman of the Board of Navitas. “Davin’s long history of leadership within the power semiconductor industry and deep knowledge of power electronics will be invaluable to our board and management team. His appointment fills an open position on the board and represents another important step in our board refreshment process that we initiated last year. The board’s intention remains to reduce its size to eight directors at the 2027 annual meeting. We believe this plan provides both fresh perspectives and continuity during the first year of our new management structure.

“Chris and his team have rapidly and successfully pivoted Navitas to high-power markets where the combination of our GaN and high-voltage SiC technologies positions us to provide a unique set of solutions to data center, energy and grid infrastructures, performance computing and industrial electrification markets. His exceptional team has reestablished revenue growth and increased customer engagement in these high-growth markets, and the board is committed to supporting this strategic pivot and growth strategy.”

Chris Allexandre, Navitas’ President and CEO, added, “I am also very excited to welcome Davin to our board of directors. He’s joining at a very pivotal time as we accelerate our transformation to Navitas 2.0 as a high-power semiconductor company. Davin brings a strong background and track record as a semiconductor executive in scaled-up business operations and power components. He will be an extremely valuable resource to the Company. After announcing Greg Fisher as a new director last month, this appointment is another step in our corporate transformation, and I want to thank Rick and the entire board for their support. I look forward to further working with our new and existing directors to make Navitas highly successful and a recognized market leader in high-power semiconductors.”

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