SolarEdge Taps Ariel Porat of Siemens Global as CFO Succeeding Ronen Faier
Portfolio Pulse from Benzinga Newsdesk
SolarEdge Technologies, Inc. (NASDAQ:SEDG) announced the appointment of Ariel Porat as Senior Vice President, Finance, as part of a succession plan for the CFO role. Current CFO Ronen Faier will step down in approximately three months, with Porat expected to assume the role thereafter. Faier will remain with the company to assist with the transition and work on strategic projects.
June 10, 2024 | 11:13 am
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SolarEdge Technologies has appointed Ariel Porat as the new CFO, succeeding Ronen Faier. The transition will take place over the next three months, with Faier assisting in the process.
The appointment of a new CFO can signal positive changes and new strategic directions for the company. The smooth transition plan and continued involvement of the outgoing CFO, Ronen Faier, should reassure investors and potentially have a positive short-term impact on the stock price.
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