Navitas Semiconductor Corporation (NVTS)

Chris Allexandre has been president, chief executive and a board member since September 2025. He is a semiconductor executive of more than two decades, with senior roles at Texas Instruments, Fairchild, now part of ON Semiconductor, NXP, IDT and Renesas Electronics; at Renesas he ran the power division, covering power management and discrete product lines with 2.5 billion dollars of revenue, after leading its sales and marketing. The finance seat changed too. Tonya Stevens joined as senior vice president, chief financial officer and treasurer in March 2026, from Lattice Semiconductor, where she was chief accounting officer and before that interim chief financial officer, and earlier from Intel Corporation, Acumed, American Veterans Security and PricewaterhouseCoopers. She took over from Todd Glickman, who agreed to go and stayed on as a consultant to 30 March 2026. 123456

The man Allexandre replaced had been there from the start. Gene Sheridan resigned as president, chief executive and a director effective 31 August 2025, after what the proxy statement calls an eleven year tenure as the founding chief executive. The chair changed a few months before that, under an April 2025 agreement between the company, the director Ranbir Singh and SiCPower, LLC: Sheridan resigned as chair, Richard J. Hendrix took the seat, Cristiano Amoruso joined the board on 8 May 2025 on Singh's recommendation, and Daniel M. Kinzer resigned from the board on that appointment. Hendrix had run the company's predecessor, the blank cheque company Live Oak Acquisition Corp. II, from August 2020 until the combination closed in October 2021. The same agreement created an Executive Steering Committee chaired by Singh, with Hendrix and David Moxam on it, which the board asked to oversee capital allocation, expense management and senior hiring and succession planning. 789101112

The record of who files insider reports shows both the churn and the ballast. Twenty one people have filed for Navitas since it began reporting, thirteen of them in the last fifteen months. Three directors, Brian Long, David Moxam and Dipender Saluja, have filed since 2021, the year the shares were listed on Nasdaq, and Richard J. Hendrix since 2020, under the shell company he ran. Ranbir Singh, who founded GeneSiC in 2004 and led it until Navitas bought it, sat on the management team as executive vice president of the GeneSiC business until 31 July 2024 and remains a director. 131415

By headcount this is a small company. At the end of 2025 the worldwide workforce was about 190 full and part time employees, 32 percent of them in the United States, 65 percent in Asia Pacific and 3 percent in Europe. It had been cut twice that year: a plan announced on 20 January 2025 took out 19 percent of the workforce, and the Navitas 2.0 plan announced in the fourth quarter aimed at another 19 percent, alongside contract terminations and fixed asset write-downs. 161718