SAN JOSE, Calif. (AP) -- Power Integrations Inc., which makes high-voltage analog integrated circuits, on Wednesday named Bill Roeschlein chief financial officer and corporate secretary, effective June 30.
He replaces Rafael Torres, who said in April he would leave to pursue other interests following a transition period. Torres was named CFO in 2006.
Roeschlein was previously chief financial officer of Selectica Inc., which makes sales configuration and contract-management software.
In May, the company said earnings for the quarter ended March 31 rose 11 percent to $7.2 million, while revenue rose 14 percent to $51.8 million.
San Jose, Calif.-based Power Integrations makes power chips used in consumer goods such as personal computers and cell phones, as well as industrial electronics.
Power Integrations shares rose 20 cents to $32.50 in morning trading.