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Enphase Energy | 8-K: Chief Operating Officer David Lanhoff Will Resign

SEC announcement ·  Apr 5 04:19
Summary by Futu AI
Enphase Energy, Inc. has announced that David Ranhoff, the Executive Vice President and Chief Commercial Officer, will be stepping down from his current role effective June 30, 2024. Following his departure, Ranhoff will assume a part-time position as Commercial Advisor starting July 1, 2024. In this new advisory role, he will continue to work under the direction of Badri Kothandaraman, the President and CEO of Enphase Energy, to assist with the transition of his duties and to support strategic commercial initiatives. The company has indicated that the transition is in line with its succession plan and that Ranhoff's responsibilities will be taken over by two senior vice presidents who will report to Kothandaraman. Ranhoff's decision to step down is due to personal reasons, and there are no reported disagreements with the company regarding its operations, policies, or practices. The announcement was made in a Form 8-K filing with the SEC dated March 31, 2024, and signed by Mandy Yang on April 4, 2024.
Enphase Energy, Inc. has announced that David Ranhoff, the Executive Vice President and Chief Commercial Officer, will be stepping down from his current role effective June 30, 2024. Following his departure, Ranhoff will assume a part-time position as Commercial Advisor starting July 1, 2024. In this new advisory role, he will continue to work under the direction of Badri Kothandaraman, the President and CEO of Enphase Energy, to assist with the transition of his duties and to support strategic commercial initiatives. The company has indicated that the transition is in line with its succession plan and that Ranhoff's responsibilities will be taken over by two senior vice presidents who will report to Kothandaraman. Ranhoff's decision to step down is due to personal reasons, and there are no reported disagreements with the company regarding its operations, policies, or practices. The announcement was made in a Form 8-K filing with the SEC dated March 31, 2024, and signed by Mandy Yang on April 4, 2024.
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