Power-One Names New Board Member

Camarillo-based Power-One, a manufacturer of power supplies and related products, said Friday afternoon that it has appointed Kambiz Hooshmand to its board of directors. Hooshmand was most recently President and CEO of AppliedMicro. He has also served at Cisco Systems and StrataCom. Power-One said that Hooshmand replaces Jon E.M. Jacoby, who has resigned. The firm said that Jacoby--Vice Chairman and Sr. Principal at private equity firm the Stephens Group LLC--resigned his position to devote more time to his other interests.