SolarEdge Announces Changes to the Board of Directors
SolarEdge Technologies announced significant changes to its Board of Directors. Avery More has been elected as Chairman of the Board, replacing Nadav Zafrir, who will remain as a board member. Additionally, Guy Gecht has been appointed as a new board member, replacing Tal Payne who stepped down after serving since the company's IPO in March 2015. Gecht, who will serve on both the Audit and Technology committees, brings extensive experience from his roles as former CEO of Electronics for Imaging and board positions at Logitech and Check Point Software Technologies.
SolarEdge Technologies ha annunciato cambiamenti significativi nel suo Consiglio di Amministrazione. Avery More è stato eletto Presidente del Consiglio, sostituendo Nadav Zafrir, che rimarrà come membro del consiglio. Inoltre, Guy Gecht è stato nominato nuovo membro del consiglio, sostituendo Tal Payne, che si è dimesso dopo aver servito fin dalla IPO dell'azienda nel marzo 2015. Gecht, che farà parte sia del comitato di revisione che di quello tecnologico, porta con sé una vasta esperienza dalle sue precedenti cariche come CEO di Electronics for Imaging e in posizioni nel consiglio di Logitech e Check Point Software Technologies.
SolarEdge Technologies anunció cambios significativos en su Junta Directiva. Avery More ha sido elegido como Presidente de la Junta, reemplazando a Nadav Zafrir, quien permanecerá como miembro de la junta. Además, Guy Gecht ha sido nombrado nuevo miembro de la junta, reemplazando a Tal Payne, quien renunció después de haber servido desde la oferta pública inicial de la empresa en marzo de 2015. Gecht, que formará parte tanto del comité de auditoría como del de tecnología, aporta una amplia experiencia de sus roles como ex CEO de Electronics for Imaging y en puestos en la junta de Logitech y Check Point Software Technologies.
SolarEdge Technologies는 이사회에 중대한 변화를 발표했습니다. Avery More가 이사회 의장으로 선출되어 Nadav Zafrir를 대체하게 되었으며, Zafrir는 이사회 구성원으로 남아 있게 됩니다. 또한, Guy Gecht가 새 이사회 구성원으로 임명되었으며, 이는 2015년 3월 회사의 IPO 이후로 활동해 온 Tal Payne를 대신하는 것입니다. Gecht는 감사 및 기술 위원회에 모두 참여 할 예정이며, Electronics for Imaging의 전 CEO 및 Logitech과 Check Point Software Technologies의 이사회에서의 역할로부터 얻은 폭넓은 경험을 가지고 있습니다.
SolarEdge Technologies a annoncé des changements significatifs dans son Conseil d'Administration. Avery More a été élu Président du Conseil, remplaçant Nadav Zafrir, qui restera membre du conseil. De plus, Guy Gecht a été nommé nouveau membre du conseil, remplaçant Tal Payne, qui a démissionné après avoir été en poste depuis l'introduction en bourse de l'entreprise en mars 2015. Gecht, qui siégera à la fois au comité d'audit et au comité technologique, apporte une vaste expérience de ses rôles en tant qu'ancien PDG d'Electronics for Imaging et de ses fonctions au conseil d'administration de Logitech et de Check Point Software Technologies.
SolarEdge Technologies hat bedeutende Änderungen im Vorstand angekündigt. Avery More wurde zum Vorsitzenden des Vorstands gewählt und ersetzt Nadav Zafrir, der weiterhin Vorstandsmitglied bleibt. Zudem wurde Guy Gecht als neues Vorstandsmitglied ernannt und ersetzt Tal Payne, der nach seinem Amt seit dem Börsengang des Unternehmens im März 2015 zurückgetreten ist. Gecht, der sowohl im Prüfungs- als auch im Technologieausschuss tätig sein wird, bringt umfassende Erfahrung aus seinen früheren Positionen als CEO von Electronics for Imaging sowie aus Vorstandspositionen bei Logitech und Check Point Software Technologies mit.
- Appointment of experienced technology leader Guy Gecht, who brings valuable expertise in AI, cybersecurity, and technology sectors
- Gecht qualifies as Audit Committee financial expert, strengthening the board's financial oversight
- Continuity maintained with former Chairman Nadav Zafrir remaining on the board
- Departure of long-serving board member Tal Payne, who had been with the company since its IPO
Avery More Elected as Chairman of the Board
Guy Gecht Appointed as Member of the Board, replacing Tal Payne
Guy Gecht (Photo: Business Wire)
Also today, the Board appointed Guy Gecht as a member of its Board of Directors, effective immediately. He will serve on the Board’s Audit Committee and qualifies as Audit Committee financial expert. He will also serve on the Board’s Technology Committee.
Guy Gecht brings decades of leadership and board expertise across the technology, AI, and cybersecurity sectors. He served as CEO of Electronics for Imaging (EFI) from 2000 to 2018, where he led transformative growth and innovation. Gecht is currently a board member at Logitech (NASDAQ: LOGI), where he chairs the Technology and Innovation Committee, and in 2023 stepped in as Logitech Interim CEO. Additionally, Gecht served on the board of Check Point Software Technologies (NASDAQ: CHKP) from 2006 to 2024, including as Lead Independent Director from 2020. Earlier in his career, he held software leadership roles at various startups and was Chief Technology Officer of Apple Israel.
Mr. Gecht is replacing Ms. Tal Payne who stepped down from the Board on November 5, 2024 after nearly a decade long service on the Board since the Company’s initial public offering in March 2015.
“I would like to congratulate Avery on assuming the role of Chairman. Avery brings to this role vast experience, intimate knowledge of the industry and familiarity with the SolarEdge business and management team which positions him well to provide guidance and oversight during these important times. I would also like to thank Tal for her many years of dedicated service and contributions to our Board,” said Nadav Zafrir.
“I want to thank Nadav for his service as Chairman and for his ongoing commitment to SolarEdge. It’s an honor to take on the role of Chairman at such a pivotal time for the Company,” said Avery More. “Strengthening our Board is essential as we advance our mission, and I am thrilled to welcome Guy Gecht. With his strong record, valuable perspectives, and deep experience in technology and governance, I’m confident he will be instrumental in guiding our next phase of innovation and growth at SolarEdge.”
“With renewable power becoming increasingly essential to a sustainable future, I am thrilled to join the Board of SolarEdge, a company recognized for its technology leadership in solar energy,” said Guy Gecht. “I have great confidence in the talented team at SolarEdge and am excited about the opportunities ahead for SolarEdge to drive innovation and shape the future of renewable energy.”
About SolarEdge
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. SolarEdge is online at www.solaredge.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are based on our management’s expectations, estimates, projections, beliefs and assumptions in accordance with information currently available to our management. This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include information, among other things, concerning our next phase of innovation and growth, future of renewable energy, possible or assumed future results of operations, future demands for solar energy solutions, business strategies and technology developments. Forward-looking statements include statements that are not historical facts and can be identified by terms such as “anticipate,” “believe,” “could,” “seek,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or similar expressions and the negatives of those terms.
Forward-looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date of this release. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to: our ability to deliver on the next phase of innovation and growth; future of renewable energy, including demand for renewable energy and solar energy solutions; our ability to forecast demand for our products accurately and to match production to such demand as well as our customers’ ability to forecast demand based on inventory levels; macroeconomic conditions in our domestic and international markets, as well as inflation concerns, rising interest rates, and recessionary concerns; changes, elimination or expiration of government subsidies and economic incentives for on-grid solar energy applications; changes in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20241106921681/en/
Investor Contacts
SolarEdge Technologies, Inc.
JB Lowe, Head of Investor Relations
investors@solaredge.com
Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
investors@solaredge.com
Source: SolarEdge Technologies, Inc.
FAQ
Who is the new Chairman of SolarEdge (SEDG) Board of Directors?
Who replaced Tal Payne on SolarEdge's (SEDG) Board?
What committees will Guy Gecht serve on at SolarEdge (SEDG)?