Navitas Semiconductor Corporation Announces Departure of Chief Financial Officer

Torrance, CA – February 24, 2026 – Navitas Semiconductor Corporation (NASDAQ: NVTS), a leading provider in the semiconductor industry, has announced a significant change in its executive leadership team. According to the company’s latest SEC filing (Form 8-K), Todd Glickman, Senior Vice President, Chief Financial Officer, and Treasurer, will be departing from his position at Navitas to pursue new opportunities. This development results from a mutual decision between Mr. Glickman and the company.

Key Points from the Report

• Executive Departure: Todd Glickman, who has been serving as the company’s Senior VP, CFO, and Treasurer, will be stepping down from his roles. The departure is described as a mutual decision, indicating that it was not the result of any dispute or disagreement.
• Transition Support: Importantly, Mr. Glickman will remain with Navitas for a period of time to support the company during the transition. He will assist while Navitas searches for and transitions to a new Chief Financial Officer and Treasurer.
• Search for New CFO: The company is actively conducting a search for a new CFO and Treasurer to fill the gap in executive leadership and ensure a smooth transition.

Matters of Importance for Shareholders and Investors

• Potential Impact on Company Strategy and Financial Management: The departure of a CFO is always a notable event for any public company. As the chief steward of the company’s finances, Mr. Glickman’s exit may result in changes to financial strategy, internal controls, and investor communications until a permanent replacement is found.
• Leadership Uncertainty: Executive transitions, especially in the finance function, can create uncertainty in the market, which may affect investor sentiment and potentially the company’s share price. Shareholders should monitor further announcements regarding the appointment of a new CFO and any subsequent changes in company guidance or strategy.
• Continued Compliance and Reporting: Navitas has confirmed compliance with all SEC requirements, and there is no indication of financial irregularities or restatements. The company remains listed on NASDAQ under the trading symbol “NVTS.”

Other Details Disclosed

• Business Address: 3520 Challenger St., Torrance, CA 90503
• Phone: 844-654-2642
• Securities Registered: Class A Common Stock, par value \$0.0001 per share, traded on NASDAQ under the symbol “NVTS.”
• Emerging Growth Company Status: Navitas has indicated it is not classified as an emerging growth company.

Shareholder and Market Implications

• Potential Price Sensitivity: The departure of a CFO is a material event under SEC rules and may be considered price-sensitive information. Depending on market perception of Mr. Glickman’s performance and the uncertainty during the transition period, the share price could experience volatility.
• Company Stability: The company’s commitment to a smooth transition and Mr. Glickman’s continued support during the search for his successor may help mitigate immediate concerns, but investors should stay vigilant for further updates.

Conclusion

Navitas Semiconductor Corporation’s announcement regarding the mutual separation with its Chief Financial Officer is a significant development for the company and its stakeholders. Investors are encouraged to closely monitor further updates from management, specifically regarding the appointment of a new CFO and any strategic shifts that may arise from this leadership change.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making investment decisions. The information provided is based on Navitas Semiconductor Corporation’s SEC filings as of February 24, 2026, and is subject to change.

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