I am humbled by the trust that the IEEE Power Electronics Society (PELS) has placed in me as their elected president of PELS for the next two years (2023–2024). I would especially like to thank the outgoing president, Liuchen Chang, the IEEE PELS staff, and all the volunteers in our society. As we all know, the past few years have been challenging, to say the least, with the ongoing COVID-19 pandemic. Despite these challenges, our outgoing president, executive leaders, and staff have done an incredible job of keeping our society financially strong and as active as ever. Their careful stewardship of our society will allow many new programs to be established in the next two years, with a major reinvestment back into PELS membership.