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Summary

Name Age Since Current Position

Ronald Edgerton

60 2008 President, Chief Executive Officer, Director

James McCanna

58 2008 Chief Financial Officer, Vice President, Chief Accounting Officer

Paul Chu

59 2009 Senior Vice President - Sales

Scott Brown

45 2011 Senior Vice President - Marketing

Alex Sinar

63 2011 Senior Vice President - Operations and Quality

Jack Carsten

2001 Independent Director

Kaj den Daas

63 2011 Independent Director

Lawrence Finch

77 2001 Independent Director

James Marver

61 2012 Independent Director

Brian McDonald

55 2011 Independent Director

Lee Stoian

62 2010 Independent Director

Biographies

Name Description

Ronald Edgerton

Mr. Ronald P. Edgerton serves as President, Chief Executive Officer, Director of Iwatt Inc., since March 2008. Prior to joining the company, from January 2007 to March 2008 and from September 1996 to March 2001, Mr. Edgerton was an independent consultant providing financial and strategic advice to several companies in various industries, including medical device and internet search. From March 2001 until January 2007, Mr. Edgerton was President, Chief Executive Officer and Chairman of the board of directors of SigmaTel, Inc., a system on a chip electronics and software company that was acquired by Freescale Semiconductor, Inc. in February 2008. Prior to SigmaTel, Mr. Edgerton was a general manager of Eastman Kodak Company’s digital medical imaging business from December 1994 to September 1996, and chief financial officer at Cyrix Corporation, a microprocessor IC company, from May 1990 to December 1994. Mr. Edgerton holds a B.S. degree in Business Administration and an M.B.A. in finance from Western Michigan University.

James McCanna

Mr. James V. McCanna serves as Chief Financial Officer, Vice President, Chief Accounting Officer of Iwatt Inc., since May 2008. Prior to joining the company, Mr. McCanna served as Vice President and the Chief Financial Officer at Tranax Technologies, Inc., a developer and supporter of automated teller machines and related products, from March 2007 until April 2008. From July 2002 to February 2007, Mr. McCanna held the position of Vice President of Finance and Worldwide Operations, as well as Chief Financial Officer for 3Dconnexion, Inc., a manufacturer of human interface devices. From June 1998 to June 2002, Mr. McCanna served as Chief Financial Officer for Silicon Motion Technology Corporation, a fabless semiconductor company. Mr. McCanna holds a B.S. degree in Commerce and Finance from Santa Clara University and an M.B.A. with honors from Santa Clara University. He is also a member of Beta Gamma Sigma National Honor Society in Business and Commerce.

Paul Chu

Mr. Paul Chu serves as Senior Vice President - Sales of Iwatt Inc., since April 2009. Prior to joining the company, Mr. Chu served as Vice President of Asia Pacific Sales and Operations at Cypress Semiconductor Corporation from 2006 to March 2009. Previously, Mr. Chu served as General Manager for the Transportation and Standard Products Group in Asia for Freescale Semiconductor, Inc. from 2004 to 2006, as Vice President for the Greater China Sales at LSI Logic Corporation, a semiconductor company, from 2001 to 2004, and as the Vice President of Asia Pacific Sales at C-Cube Microsystems, Inc., a video compression technology company, from 1995 until 2001. Mr. Chu holds both a B.S. degree and an M.S. degree in Electrical Engineering from Stanford University.

Scott Brown

Mr. Scott M. Brown serves as Senior Vice President - Marketing of Iwatt Inc., since October 2011. Prior to joining the company, Mr. Brown was Vice President of Marketing for the Power Management division at Semtech Corporation, a supplier of analog and mixed-signal semiconductor products, from September 2009 to August 2011. From September 2005 until October 2008, Mr. Brown was Vice President of Marketing at Catalyst Semiconductor, Inc., a developer of reprogrammable non-volatile memory products and analog mixed-signal semiconductor products, and then as Vice President of the Catalyst Business Group within ON Semiconductor Corporation from October 2008 until September 2009. From 1997 until 2005, he held various marketing positions at Micrel Inc., a manufacturer of integrated circuits, including Director of RF and Mixed-Signal Products and Marketing Manager for Power Management Products. Mr. Brown holds a B.S. degree in Electrical and Electronic Engineering from Brunel University, United Kingdom.

Alex Sinar

Mr. Alex Sinar serves as Senior Vice President - Operations and Quality of Iwatt Inc., since November 2011. Prior to that he was company's Vice President of Operations since March 2005. He also served as General Manager and Vice President of Operations for IKOR, one of former subsidiaries, from January 2009 until it was sold in April 2010. Prior to joining the company, Mr. Sinar held the position of Vice President of World-Wide Customer Service and VP of U.S. Operations at Zoran Corporation, a digital technology company, from 2003 to 2005, and served as the Vice President of U.S. Operations at Oak Technology, Inc., a supplier of semiconductor chips, from 2002 to 2003. Previously, he was the Vice President of Operations for TeraLogic, Inc., a developer of video and audio processing hardware and software, from 1998 to 2002. Mr. Sinar holds an M.S.E.E. degree from Technion, Israel Institute of Technology and B.S.E.E degree from Polytechnic Institute, Kiev, Ukraine.

Jack Carsten

Mr. Jack C. Carsten serves as an Independent Director of Iwatt Inc., since July 2001. Mr. Carsten has served as Managing Director and Member of the Financial Advisory Board of Horizon Ventures LLC, a venture capital firm, since forming the firm in 1999. He currently serves on the board of four private companies in which his firm has invested. Prior to Horizon Ventures, Mr. Carsten was a managing partner at two venture capital firms, Technology Investments and U.S. Venture Partners, where he participated in seven initial public offerings and served on three public boards of directors. From 1975 to 1987, he was a Senior Vice President at Intel Corporation, where he served as Vice President of Sales and Marketing and of their Microprocessor Group, among other roles. Prior to that time, he was General Manager of the MOS and TTL Divisions of Texas Instruments, Inc. He holds B.A. degrees in Physics and Economics from Duke University.

Kaj den Daas

Mr. Kaj den Daas serves as an Independent Director of Iwatt Inc., since July 2011. From 1977, Mr. den Daas worked for Philips Lighting, a global in lighting products, in various positions throughout the world. He served as Chairman and Chief Executive Officer of Philips Lighting North America operations from June 2006 until his retirement in January 2010. Mr. den Daas is well-known in the lighting industry, also because of his active involvement in the National Electrical Manufacturers Association or NEMA, of which he was a Governor from 2008 through 2010. Mr. den Daas is currently a director of LUXIM Corp., a venture-backed developer of light-emmitting plasma products, since march 2011, as independent non-executive chairman of glo AB, a venture-backed developer of early-stage nanowire technology LEDs, since February 2011 and as independent non-executive director of NVC Lighting Corporation, a professional lighting company, since May 2010. He is also an Independent director of Valmont Industries Inc. since October 2004. Mr. den daas holds a masters degree in Business Economics from Erasmus Universiteit Rotterdam. he has followed the Advanced Management Programme at INSEAD in Fontainebleau, France and post graduate course at Londan business school and Harvard Law school.

Lawrence Finch

Mr. Lawrence G. Finch serves as an Independent Director of Iwatt Inc., since June 2001. Mr. Finch has served as managing director at Sigma Partners, a venture capital firm, since joining the firm in 1987.

James Marver

Dr. James D. Marver, Ph.D., serves as an Independent Director of Iwatt Inc., since April 2012. Dr. Marver co-founded VantagePoint Capital Partners, a venture capital firm, in 1996 after careers in consulting and investment banking and has served as Managing Director since December 2009. He has more than 30 years of public and private technology company investing and advisory experience. During the past five years, he served as a director of New Energy Capital from August 2004 to June 2010 and Tesla Motors, Inc. from May 2006 to May 2008. He has been a director of PulsePoint Holdings since October 2005 and iBAHN International Corporation since August 2008. Since October 2005, he has served as the Chairman of the Board of Advisors of the Goldman School of Public Policy at the University of California at Berkeley, and he has been on the Board of the National Venture Capital Association since 2009. Dr. Marver holds Ph.D and M.P.P. degrees from the University of California at Berkeley and a B.A. degree from Williams College, cum laude, Phi Beta Kappa.

Brian McDonald

Mr. Brian R. McDonald serves as an Independent Director of Iwatt Inc., since June 2011. Mr. McDonald has financial and strategic corporate positioning experience in semiconductor companies, and serves as the chairman of Audit Committee. Since August 2011, Mr. McDonald has served as Chief Financial Officer of eASIC Corporation, a fabless semiconductor company. From June 2004 to March 2011, Mr. McDonald served as Vice President of Finance and Chief Financial Officer at Advanced Analogic Technologies, Inc., an analog and power semiconductor company. Mr. McDonald also served as Vice President of Finance and Chief Financial Officer at Monolithic Power Systems, Inc., a high performance analog semiconductor company, from 2002 until 2004 and at Elantec Semiconductors, Inc., a wireless networking and high performance analog company, from 2001 to 2002. Mr. McDonald holds a B.S. degree in Business Administration from Santa Clara University.

Lee Stoian

Mr. Lee Stoian serves as an Independent Director of Iwatt Inc., since January 2010. Mr. Stoian has served as General Partner at Phoenix Business Partners, a transition management consulting service firm, since May 2002. Mr. Stoian has over 40 years of diversified business, management and engineering experience in technology start-up companies, as well as corporations. Since June 2009, Mr. Stoian has served as a General Partner of Saratoga Ventures M&A, a management consulting firm. From 2005 to August 2008, he held various management positions, including Interim CEO at Akros Silicon, Inc., a supplier of intelligent energy management ICs, Interim CEO at H-Stream Wireless, Inc., a developer of wi-fi compatible communication technologies, and Interim CEO at Axiom Microdevices, Inc., a provider of integrated complementary metal oxide semiconductor power amplifiers for the cellular telephone market, from 2004 to 2005. From 2003 to 2004, he served as President and CEO of BitBlitz Communications, Inc., and as Vice President of Engineering for Intersil Corporation, a high performance analog semiconductor company, from 2002 to 2003. Mr. Stoian holds an B.S.E.E./M.S.E.E. degree from the Polytechnic Institute of Bucharest, Romania, and is a graduate of the Executive Marketing Program for Technology-Based Businesses from the University of Western Ontario, Canada.

Basic Compensation

Name Fiscal Year Total

Ronald Edgerton

350,706

James McCanna

252,858

Paul Chu

--

Scott Brown

499,931

Alex Sinar

303,728

Jack Carsten

--

Kaj den Daas

--

Lawrence Finch

--

James Marver

--

Brian McDonald

--

Lee Stoian

--
As Of 30 Dec 2011

Options Compensation

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