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SolarEdge Announces Appointment of New CFO

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SolarEdge Technologies (NASDAQ: SEDG) has appointed Asaf Alperovitz as its new Chief Financial Officer with immediate effect. Alperovitz succeeds Ariel Porat, who is stepping down but will remain during a transition period.

Alperovitz brings over 30 years of experience, most recently serving as CFO of Delta Galil from 2019 to 2024. His career includes CEO and CFO positions at various NASDAQ, NYSE, and TASE listed companies, including Syneron Medical and Omrix Pharmaceuticals. He has extensive experience leading IPOs, secondary offerings, M&A deals, and strategic transformations.

The new CFO holds a BA in Accounting & Economics and an MBA from Tel-Aviv University. CEO Shuki Nir expressed confidence in Alperovitz's ability to transform organizations and drive financial strategy as SolarEdge moves forward with its next growth phase.

SolarEdge Technologies (NASDAQ: SEDG) ha nominato Asaf Alperovitz come nuovo Direttore Finanziario con effetto immediato. Alperovitz succede ad Ariel Porat, che si dimette ma rimarrà durante un periodo di transizione.

Alperovitz porta con sé oltre 30 anni di esperienza, avendo recentemente ricoperto il ruolo di CFO di Delta Galil dal 2019 al 2024. La sua carriera include posizioni di CEO e CFO in varie aziende quotate al NASDAQ, NYSE e TASE, tra cui Syneron Medical e Omrix Pharmaceuticals. Ha una vasta esperienza nella gestione di IPO, offerte secondarie, operazioni di M&A e trasformazioni strategiche.

Il nuovo CFO possiede una laurea in Contabilità ed Economia e un MBA presso l'Università di Tel Aviv. Il CEO Shuki Nir ha espresso fiducia nella capacità di Alperovitz di trasformare le organizzazioni e guidare la strategia finanziaria mentre SolarEdge avanza nella sua prossima fase di crescita.

SolarEdge Technologies (NASDAQ: SEDG) ha nombrado a Asaf Alperovitz como su nuevo Director Financiero con efecto inmediato. Alperovitz sucede a Ariel Porat, quien renuncia pero permanecerá durante un período de transición.

Alperovitz aporta más de 30 años de experiencia, habiendo servido más recientemente como CFO de Delta Galil desde 2019 hasta 2024. Su carrera incluye posiciones de CEO y CFO en varias empresas cotizadas en NASDAQ, NYSE y TASE, incluyendo Syneron Medical y Omrix Pharmaceuticals. Tiene una amplia experiencia liderando OPIs, ofertas secundarias, acuerdos de M&A y transformaciones estratégicas.

El nuevo CFO tiene una licenciatura en Contabilidad y Economía y un MBA de la Universidad de Tel Aviv. El CEO Shuki Nir expresó confianza en la capacidad de Alperovitz para transformar organizaciones y dirigir la estrategia financiera mientras SolarEdge avanza en su próxima fase de crecimiento.

SolarEdge Technologies (NASDAQ: SEDG)는 Asaf Alperovitz를 새로운 최고 재무 책임자로 즉시 임명했습니다. Alperovitz는 사임하는 Ariel Porat의 후임으로, 전환 기간 동안 남아 있을 것입니다.

Alperovitz는 30년 이상의 경험을 가지고 있으며, 최근에는 2019년부터 2024년까지 Delta Galil의 CFO로 재직했습니다. 그의 경력에는 Syneron Medical과 Omrix Pharmaceuticals를 포함한 NASDAQ, NYSE, TASE에 상장된 여러 회사에서 CEO 및 CFO 직책이 포함되어 있습니다. 그는 IPO, 2차 공모, M&A 거래 및 전략적 변화를 이끄는 데 광범위한 경험을 가지고 있습니다.

새로운 CFO는 텔아비브 대학교에서 회계 및 경제학 학사와 MBA를 보유하고 있습니다. CEO Shuki Nir는 SolarEdge가 다음 성장 단계로 나아가는 동안 Alperovitz가 조직을 변화시키고 재무 전략을 이끌 수 있는 능력에 대한 신뢰를 표명했습니다.

SolarEdge Technologies (NASDAQ: SEDG) a nommé Asaf Alperovitz comme nouveau directeur financier avec effet immédiat. Alperovitz succède à Ariel Porat, qui démissionne mais restera pendant une période de transition.

Alperovitz apporte plus de 30 ans d'expérience, ayant récemment occupé le poste de CFO de Delta Galil de 2019 à 2024. Sa carrière comprend des postes de PDG et de CFO dans diverses entreprises cotées au NASDAQ, NYSE et TASE, y compris Syneron Medical et Omrix Pharmaceuticals. Il possède une vaste expérience dans la direction d'IPO, d'offres secondaires, de fusions et acquisitions et de transformations stratégiques.

Le nouveau CFO détient une licence en comptabilité et économie ainsi qu'un MBA de l'Université de Tel-Aviv. Le PDG Shuki Nir a exprimé sa confiance en la capacité d'Alperovitz à transformer les organisations et à diriger la stratégie financière alors que SolarEdge avance dans sa prochaine phase de croissance.

SolarEdge Technologies (NASDAQ: SEDG) hat Asaf Alperovitz mit sofortiger Wirkung zum neuen Finanzvorstand ernannt. Alperovitz folgt auf Ariel Porat, der zurücktritt, aber während einer Übergangszeit bleiben wird.

Alperovitz bringt über 30 Jahre Erfahrung mit, zuletzt als CFO von Delta Galil von 2019 bis 2024. Seine Karriere umfasst CEO- und CFO-Positionen in verschiedenen an NASDAQ, NYSE und TASE gelisteten Unternehmen, darunter Syneron Medical und Omrix Pharmaceuticals. Er verfügt über umfangreiche Erfahrung in der Leitung von IPOs, Sekundärangeboten, M&A-Transaktionen und strategischen Transformationen.

Der neue CFO hat einen BA in Rechnungswesen und Wirtschaft sowie einen MBA von der Universität Tel Aviv. CEO Shuki Nir äußerte Vertrauen in Alperovitz' Fähigkeit, Organisationen zu transformieren und die Finanzstrategie voranzutreiben, während SolarEdge in die nächste Wachstumsphase übergeht.

Positive
  • Appointment of seasoned CFO with 30+ years of experience
  • New CFO's extensive background in IPOs, M&A, and strategic transformations
  • Smooth transition period with previous CFO remaining to assist
Negative
  • Unexpected departure of current CFO
  • Potential disruption in financial leadership during transition

MILPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)-- SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, announced today the appointment of Asaf Alperovitz as Chief Financial Officer, effective immediately. Ariel Porat, who currently serves as the Company’s Chief Financial Officer, has taken a personal decision to step down from the role, and will remain with the company for a transition period to assist with a smooth handover.

With a career spanning over three decades, Mr. Alperovitz brings extensive expertise and leadership experience across multiple industries. Most recently, from 2019 to 2024, Mr. Alperovitz served as the CFO of Delta Galil, a global high-tech apparel company. Prior to Delta Galil, he held CEO and CFO positions at NASDAQ, NYSE and TASE listed companies, including Syneron Medical, Omrix Pharmaceuticals (acquired by J&J), Tefron and Allmed Solutions. He also previously held senior management roles at Ernst &Young. Throughout his career, Mr. Alperovitz has led multiple IPOs, secondary offerings, M&A deals, and strategic transformations. He holds a BA in Accounting & Economics and an MBA from Tel-Aviv University.

“We are very excited to have Asaf join SolarEdge,” said Shuki Nir, CEO. “He is a seasoned finance executive with a proven track record. I’m confident Asaf’s extensive experience in transforming organizations and driving financial strategy will benefit us greatly as we take the next steps in the SolarEdge journey. I would also like to take the opportunity to thank Ariel for his contributions over the past months and wish him success in his future endeavors.”

“I am honored to take on this opportunity with SolarEdge at such a pivotal time,” said Mr. Alperovitz. “I am inspired by SolarEdge’s vision, its technological capabilities, its executive leadership team and the many opportunities which lie ahead. I look forward to working with the team to advance our mission and to enhance SolarEdge’s financial performance.”

About SolarEdge

SolarEdge is a global leader in smart energy. 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 solaredge.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This release contains forward looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: management transitions, our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investment plans; dividend policy; competitive position; industry and regulatory environment; general economic conditions; potential growth opportunities; and the effects of competition. These forward-looking statements are often characterized by the use of words such as “anticipate,” “believe,” “could,” “seek,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or similar expressions and the negative or plural of those terms and other like terminology.

Forward-looking statements are only predictions based on our current expectations and our projections about future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Given these factors, you should not place undue reliance on these forward-looking statements. These factors include, but are not limited to, the matters discussed in the section entitled “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2024, filed on February 25, 2025 and our quarterly reports filed on Form 10-Q, Current Reports on Form 8-K and other reports filed with the SEC. All information set forth in this release is as of March 3, 2025. The Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

Press Contact

SolarEdge Technologies, Inc.

Lily Salkin, Senior Global PR Manager

Lily.salkin@solaredge.com

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 CFO of SolarEdge (SEDG) and when does the appointment take effect?

Asaf Alperovitz has been appointed as SolarEdge's new CFO, effective immediately.

What is Asaf Alperovitz's previous experience before joining SolarEdge (SEDG)?

Alperovitz was CFO of Delta Galil (2019-2024) and held CEO/CFO positions at NASDAQ, NYSE, and TASE listed companies including Syneron Medical and Omrix Pharmaceuticals.

Why is SolarEdge (SEDG) changing its CFO?

Previous CFO Ariel Porat made a personal decision to step down from the role, though he will remain during the transition period.

What expertise does the new SolarEdge (SEDG) CFO bring to the company?

Alperovitz brings 30+ years of experience leading IPOs, secondary offerings, M&A deals, and strategic transformations across multiple industries.

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