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SolarEdge Technologies Welcomes Asaf Alperovitz as New CFO

Last updated: March 03, 2025
Taurigo

1. Transition in Leadership

On March 3, 2025, SolarEdge Technologies, Inc. (Nasdaq: SEDG), a pioneering company in smart energy technology, announced the appointment of Asaf Alperovitz as the new Chief Financial Officer (CFO), effective immediately. This strategic leadership change comes as Ariel Porat, the current CFO, has decided to step down, although he will remain with the company for a transition period to ensure a seamless handover.

2. A Seasoned Financial Executive

Asaf Alperovitz brings with him a wealth of experience, spanning over three decades across various industries. His most recent role was as CFO of Delta Galil, a global high-tech apparel company, from 2019 to 2024. Alperovitz has held significant leadership positions at several publicly traded companies listed on NASDAQ, NYSE, and TASE, including Syneron Medical and Omrix Pharmaceuticals, the latter of which was acquired by Johnson & Johnson. His robust background also includes senior management roles at Ernst & Young, and he has been instrumental in leading multiple IPOs, secondary offerings, mergers and acquisitions, and strategic transformations throughout his career. He holds a BA in Accounting & Economics and an MBA from Tel-Aviv University.

3. CEO's Confidence in New Leadership

Shuki Nir, CEO of SolarEdge, expressed his enthusiasm about Alperovitz's appointment, stating, “We are very excited to have Asaf join SolarEdge. 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.” Nir also took the opportunity to acknowledge Ariel Porat's contributions during his tenure and wished him success in his future endeavors.

4. Alperovitz's Vision for SolarEdge

In his first statement as CFO, Alperovitz expressed his excitement about joining SolarEdge at a crucial time in the company's development. “I am honored to take on this opportunity with SolarEdge at such a pivotal time,” he remarked. He highlighted his admiration for the company’s vision and technological capabilities, emphasizing the potential that lies ahead. Alperovitz looks forward to collaborating with the executive team to enhance SolarEdge’s financial performance and advance its mission in the smart energy sector.

5. About SolarEdge

SolarEdge Technologies has established itself as a global leader in smart energy solutions, leveraging innovative engineering to create products that power lives and promote sustainable progress. The company is particularly known for its intelligent inverter solution, which revolutionizes the management and harvesting of power in photovoltaic (PV) systems. SolarEdge aims to maximize energy generation while minimizing costs, addressing a variety of energy market segments, including PV, storage, electric vehicle (EV) charging, batteries, and grid services.

As SolarEdge prepares for its next chapter under new financial leadership, the market will be keenly watching how Alperovitz’s strategic expertise influences the company’s trajectory in the rapidly evolving energy landscape.

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