RIR Power Electronics Ltd appoints Perry Schugart as Global Marketing and Business Development Executive

RIR Power Electronics Limited, a leading manufacturer of high-power semiconductor devices and equipment announced the appointment of Perry Schugart as Global Marketing and Business Development Executive.

Mr. Schugart brings decades of experience in driving growth strategies, maximizing profitability and building sustainable competitive advantages across SMEs and Global 500 companies. His career is marked by remarkable achievements, including driving consistent revenue growth, achieving higher product margins and securing orders valued at over $500 million.

Commenting on the appointment, Dr. Harshad Mehta, Founder & Promoter of RIR Power Electronics Limited said, "Perry's proven expertise in marketing and business development of over 20 years in semiconductor and power electronics will be instrumental in driving our global growth strategy. His dynamic leadership style and global network aligns perfectly with RIR's vision to expand its footprint in the power semiconductor industry."

On this occasion, Perry Schugart said, "I am honored to join RIR Power Electronics at such an exciting time in its journey. I look forward to leveraging my experience and network to drive innovative marketing strategies and accelerate business development globally."

Prior to joining RIR Power Electronics Limited, Perry led marketing and business development activities for Microchip Technology's Silicon Carbide (SiC) business unit, where he significantly enhanced brand visibility and market positioning. He has also held senior leadership roles at Silicon Power Corporation, Inficon, ABB and American Superconductor Corporation (AMSC), where his innovative approaches consistently delivered exceptional growth and market expansion.

Shares of RIR Power Electronics Ltd. was last trading in BSE at Rs. 2401.70 as compared to the previous close of Rs. 2393.15. The total number of shares traded during the day was 15770 in over 1698 trades.

The stock hit an intraday high of Rs. 2488.90 and intraday low of 2392.05. The net turnover during the day was Rs. 38485536.00.

Source : Equity Bulls

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RIRPowerElectronics INE302D01016 Appointment