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SolarEdge Technologies | 8-K: Solaredge Announces Appointment of New Svp Finance and CFO Transition Plan

SolarEdge Technologies | 8-K: Solaredge Announces Appointment of New Svp Finance and CFO Transition Plan

SolarEdge Technologies | 8-K:SolarEdge Technologies宣布任命新的财务副总裁和首席财务官过渡计划
美股SEC公告 ·  2024/06/10 04:18

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SolarEdge Technologies announced that CFO Ronen Faier will retire after serving as the company's longest-serving CFO since December 2010. The company has appointed Ariel Porat as Senior Vice President, Finance, who is expected to succeed Faier as CFO following a three-month transition period.Porat, 40, joins SolarEdge from Siemens Energy, where he served as Head of Europe Region from 2021 to 2024. His previous roles include CEO and CFO positions at Siemens Israel. As SVP Finance, Porat will receive a monthly salary of 155,000 NIS, an 80% target annual bonus, and $1.4 million in restricted stock units vesting over four years.Faier will remain with the company to assist with the transition and work on strategic projects. The leadership change comes as part of a planned succession strategy, with Porat bringing extensive experience from multinational companies in energy, healthcare, mobility, and industry sectors.
SolarEdge Technologies announced that CFO Ronen Faier will retire after serving as the company's longest-serving CFO since December 2010. The company has appointed Ariel Porat as Senior Vice President, Finance, who is expected to succeed Faier as CFO following a three-month transition period.Porat, 40, joins SolarEdge from Siemens Energy, where he served as Head of Europe Region from 2021 to 2024. His previous roles include CEO and CFO positions at Siemens Israel. As SVP Finance, Porat will receive a monthly salary of 155,000 NIS, an 80% target annual bonus, and $1.4 million in restricted stock units vesting over four years.Faier will remain with the company to assist with the transition and work on strategic projects. The leadership change comes as part of a planned succession strategy, with Porat bringing extensive experience from multinational companies in energy, healthcare, mobility, and industry sectors.
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