Mumbai, April 16, 2025 – RIR Power Electronics Limited, a leading manufacturer of high-power semiconductor devices and equipment, has announced the appointment of Perry Schugart as Global Marketing and Business Development Executive.
Perry Schugart brings decades of experience in driving growth strategies and building sustainable competitive advantages for SMEs and Global 500 companies. His career is marked by consistent revenue growth, achieving higher product margins, and securing orders valued at over $500 million.
Dr. Harshad Mehta, Founder & Promoter of RIR Power Electronics, commented on the appointment, saying, "Perry’s proven expertise in marketing and business development in semiconductor and power electronics will be instrumental in driving our global growth strategy."
Perry Schugart expressed his excitement, stating, “I am honored to join RIR Power Electronics at such an exciting time. I look forward to leveraging my experience to drive innovative marketing strategies and accelerate business development globally.”
Prior to joining RIR, Perry led marketing and business development for Microchip Technology’s Silicon Carbide (SiC) business unit. He has also held senior leadership roles at Silicon Power Corporation, Inficon, ABB, and AMSC, where his efforts consistently delivered significant growth.
About RIR Power Electronics Limited
RIR Power Electronics Ltd is a global leader in power semiconductors, manufacturing products ranging from rectifier diodes to custom high-power rectifiers and railway equipment. Listed on the Bombay Stock Exchange (BSE), the company has a market capitalization of ₹1800 Crores as of April 16, 2025.