STOCK TITAN

SolarEdge Announces Two New Appointments: Chief Marketing Officer for SolarEdge and Chief Executive Officer for Kokam

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SolarEdge Technologies (NASDAQ: SEDG) announced key appointments to its leadership team, naming Yogev Barak as Chief Marketing Officer and SehWoong Jeong as CEO of its subsidiary, Kokam. Barak brings over 25 years of international marketing experience, previously holding roles at HP and Applied Materials. Jeong, with over two decades at Samsung Electronics, led a significant lithium-ion battery business. CEO Zvi Lando expressed confidence that their expertise will propel growth in the solar market and expand into new segments.

Positive
  • Appointment of experienced executives Barak and Jeong could enhance strategic direction and market growth.
  • Barak's extensive background in marketing and product management may improve SolarEdge's brand positioning.
  • Jeong's leadership experience in lithium-ion batteries aligns with SolarEdge's energy storage initiatives.
Negative
  • None.

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today the appointment of Yogev Barak as Chief Marketing Officer of SolarEdge and the appointment of SehWoong Jeong as Chief Executive Officer of its subsidiary, Kokam.

Mr. Barak brings to SolarEdge over twenty-five years of experience in international marketing and B2B product management, including executive management positions at HP and Applied Materials. In his most recent role, Mr. Barak served as the Head of Strategy, Marketing, Products and Business Management at HP Indigo. He holds a B.Sc. in Electrical Engineering from Tel Aviv University.

Mr. Jeong is an industry veteran with more than two decades of experience of leadership positions in Samsung Electronics. Prior to joining SolarEdge, he served as General Manager & Executive Vice President for Automotive Batteries and ESS at Samsung SDI, leading a successful, large scale lithium-ion battery and Energy Storage Systems (ESS) business. Mr. Jeong holds a Ph.D. in Electrical and Computer Engineering from University of Colorado at Boulder, US and a M.S. in Electrical Engineering from Korea Advanced Institute of Science and Technology (KAIST), Korea.

“I am excited to have Yogev and SehWoong join our senior management team and I am confident the leadership and industry experience they bring will help us continue to grow in the solar market and new segments we are addressing,” said Zvi Lando, CEO of SolarEdge Technologies, Inc.

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, UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com

FAQ

Who has been appointed as the new Chief Marketing Officer of SolarEdge?

Yogev Barak has been appointed as the Chief Marketing Officer of SolarEdge.

What experience does Yogev Barak bring to SolarEdge?

Yogev Barak has over 25 years of international marketing experience, including roles at HP and Applied Materials.

Who is the new CEO of Kokam?

SehWoong Jeong has been appointed as the CEO of Kokam, a subsidiary of SolarEdge.

What is SehWoong Jeong's background?

SehWoong Jeong has over two decades of experience in leadership roles at Samsung Electronics, particularly in the lithium-ion battery sector.

How might these leadership changes impact SolarEdge's business?

The appointments of Barak and Jeong are expected to enhance SolarEdge's strategic growth in the solar market and related segments.

SolarEdge Technologies, Inc.

NASDAQ:SEDG

SEDG Rankings

SEDG Latest News

SEDG Stock Data

639.48M
57.12M
1.42%
104.48%
33.51%
Solar
Semiconductors & Related Devices
Link
United States of America
HERZILIYA PITUACH