On August 23, 2024, Zvi Lando resigned as CEO of SolarEdge Technologies, effective August 26. The Board appointed CFO Ronen Faier as Interim CEO and initiated a search for a permanent replacement. Lando will remain on the Board and serve as a Special Advisor.As part of the transition, Ariel Porat, previously SVP of Finance, was appointed CFO. Faier's compensation as Interim CEO includes a monthly salary of 216,000 NIS, a target bonus of 100% of base salary, 50,000 RSUs with one-year vesting, and 15,000 PSUs tied to stock performance.The company emphasized its focus on recovery and improvement. Lando stated, "The road to a full recovery of SolarEdge is still ahead of us and to drive this recovery at a fast pace requires new energy and leadership." The leadership changes aim to accelerate the company's improvement trajectory.

On August 23, 2024, Zvi Lando resigned as CEO of SolarEdge Technologies, effective August 26. The Board appointed CFO Ronen Faier as Interim CEO and initiated a search for a permanent replacement. Lando will remain on the Board and serve as a Special Advisor.As part of the transition, Ariel Porat, previously SVP of Finance, was appointed CFO. Faier's compensation as Interim CEO includes a monthly salary of 216,000 NIS, a target bonus of 100% of base salary, 50,000 RSUs with one-year vesting, and 15,000 PSUs tied to stock performance.The company emphasized its focus on recovery and improvement. Lando stated, "The road to a full recovery of SolarEdge is still ahead of us and to drive this recovery at a fast pace requires new energy and leadership." The leadership changes aim to accelerate the company's improvement trajectory.