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Navitas founder named Entrepreneur Of The Year

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Gene Sheridan is Ernst & Young's 2024 Greater Los Angeles Award finalist

Ernst & Young has announced that Gene Sheridan, CEO and co-founder of Navitas Semiconductor was named an Entrepreneur Of The Year 2024 Greater Los Angeles Award finalist.

Sheridan was selected as a finalist by an independent panel of judges, and evaluated based on demonstration of building long-term value through entrepreneurial spirit, purpose, growth and impact, among other core contributions and attributes.

“We are at a pivotal time in our planet’s energy transformation, and this recognition from EY highlights the importance of Navitas’ mission to ‘Electrify Our World’ and exploit a $1.3T opportunity as we accelerate the transition from fossil fuels to renewable energy,” said Mr. Sheridan. “Next-generation GaN and SiC power semiconductors enable fast, efficient and sustainable ultra-fast charging and power delivery in AI datacenters, advanced EVs, mobile, solar and industrial applications. EY’s recognition is a significant moment, a motivation and recognition for me and all of the contributors who have made Navitas a great company.”

Entrepreneur Of The Year, now in its fourth decade, honours many different types of business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organisation to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to fortify it for the future.

Regional award winners will be announced on June 13, 2024 during a special celebration at The Beverly Hills Hotel and will become lifetime members of a community of Entrepreneur Of The Year alumni from around the world. The winners will then be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum.

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