SolarEdge Says Zvi Lando Has Stepped Down As CEO; Ronen Faier Appointed As Interim CEO
Portfolio Pulse from Benzinga Newsdesk
SolarEdge Technologies has announced that Zvi Lando has stepped down as CEO, with Ronen Faier appointed as interim CEO. The board is searching for a new CEO, while Lando remains on the board and will advise during the transition.
August 26, 2024 | 11:03 am
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SolarEdge Technologies has experienced a leadership change with Zvi Lando stepping down as CEO and Ronen Faier stepping in as interim CEO. The board is actively searching for a permanent replacement.
The change in leadership could create uncertainty in the short term as the company transitions to a new CEO. However, the appointment of an interim CEO and the involvement of a global executive search firm may mitigate potential negative impacts. The market may react neutrally as the transition is managed with continuity in mind.
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