SAN JOSE, CA, Oct 1, 2025 – Empower Semiconductor has expanded its board of directors with the appointment of three industry executives, a move that comes as the company advances into its next growth stage following the completion of its Series D funding round.
Joining the board are:
- Richard L. Clemmer, founding partner at Socratic Partners and former CEO and president of NXP Semiconductor N.V. and Agere Systems Inc.
- John Bagatelos, senior vice president of Worldwide Sales at Lumentum with former leadership roles at Monolithic Power Systems, ON Semiconductor and AMD.
- Andrew C. Homan, managing partner and founder at Maverick Silicon, after leading Maverick Capital’s investments across the semiconductor, hardware and software industries.
These new directors join Empower’s four board members: Tim Phillips, CEO, president and founder; Jeffrey R. Holland, chairman of the board; Kevin Leary, president of Hallador Investment Advisors; and Gene Sheridan, founder and former CEO of Navitas Semiconductor – creating a balance of continuity and fresh perspectives. Together, the board represents decades of leadership across semiconductors, datacenter infrastructure, financial markets and technology sectors.
“We are honored to welcome such accomplished executives to our Board as Empower enters a new phase of growth,” said Tim Phillips, CEO of Empower Semiconductor. “Their joining not only strengthens our board but also reflects the industry’s recognition of our disruptive technology. Their insight and leadership will be instrumental as we move into high-volume production and accelerate adoption of our power delivery solutions for high-power AI processors.”
“I am excited to join Empower’s Board at such a pivotal time,” said Rick Clemmer, founding partner at Socratic Partners. “Empower’s breakthrough power delivery technology is second to none and tackles one of the most critical challenges facing the datacenter industry today. I look forward to working with the team and making an impact in an industry seeking a novel approach for power management.”
Source: Empower Semiconductor
About Empower Semiconductor
Empower Semiconductor, founded in 2014, is a private company headquartered in San Jose, CA, specializing in power management solutions within the semiconductor industry. The company offers integrated voltage regulators (IVRs) and silicon capacitors designed to enhance power efficiency and density in electronic devices. The products serve sectors requiring advanced power management, including data centers, mobile devices, communications, and AI applications. Empower’s technology aims to reduce the energy footprint and total cost of ownership for data centers, thereby powering the AI revolution. As of 2024, Empower Semiconductor employs approximately 52 individuals. The company has raised $76.81 million in funding over multiple investment rounds, reflecting investor confidence in its innovative power management solutions. Empower’s power density and efficiency advancements position it as a key player in addressing the increasing power demands of modern electronic systems.