SolarEdge Appoints New Director to Its Board

Rhea-AI Summary

SolarEdge Technologies (NASDAQ: SEDG) has announced the appointment of Ms. Betsy Atkins to its board of directors, effective June 1, 2021. This unanimous decision by the board highlights her extensive experience, having served on various public company boards, including Wynn Resorts and SunPower Corporation. Her broad perspective on energy is expected to contribute to SolarEdge's growth as a leader in smart energy solutions. Chairman Nadav Zafrir expressed confidence in her leadership, aligning with the company’s mission of innovation in the energy sector.

Positive

• Betsy Atkins brings two decades of board experience in public companies.
• Her background includes leadership roles in energy firms, enhancing SolarEdge's strategic perspective.
• The appointment is anticipated to drive growth amid an innovative energy landscape.

Negative

• None.

SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy, announced today the appointment of Ms. Betsy Atkins as a member of the board of directors. The appointment was approved unanimously by the board of directors and will become effective June 1, 2021.

Ms. Betsy Atkins (Photo: Business Wire)

Ms. Atkins is a seasoned business-woman and entrepreneur with two decades of experience serving on boards of public companies. She currently serves on the boards of Wynn Resorts (NASDAQ; WYNN), SL Green (NYSE; SLG) and Volvo Car Corporation (private). Ms. Atkins has a global, broad perspective on energy from her previous roles as Lead Director at SunPower Corporation (NASDAQ; SPWR), and Schneider Electric S.E (SU:EN Paris) as well as from her years of experience as an innovative founder of several successful high-tech, energy and consumer companies including, Ascend Communications and Clear Standards Inc. “I am delighted to welcome Ms. Atkins to our board at these exciting times. We are confident that her leadership and extensive board experience, coupled with a vast global perspective will contribute to our continued growth,” stated Mr. Nadav Zafrir, Chairman of the Board. “I am so honored to join the board of SolarEdge – I am excited to join them in their mission as a leader in smart home energy with relentless focus on innovation that drives future progress. I look forward to partnering with the Board as the company continues to advance smart energy,” said Ms. Atkins.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20210419005262/en/

FAQ

Who is the new board member of SolarEdge Technologies?

Ms. Betsy Atkins has been appointed as a new board member of SolarEdge Technologies.

When does Betsy Atkins's appointment to SolarEdge's board take effect?

Betsy Atkins's appointment will take effect on June 1, 2021.

What is Betsy Atkins's experience in the energy sector?

Betsy Atkins has extensive experience in the energy sector, having served on boards of companies like SunPower and Schneider Electric.

How might Betsy Atkins's appointment impact SolarEdge's business?

Her leadership and experience in the energy industry are expected to contribute to SolarEdge's growth and strategic direction.