SolarEdge Technologies has appointed Shuki Nir as its new CEO, effective December 4, 2024. Nir, previously the company's CMO, succeeds interim CEO Ronen Faier and replaces Zvi Lando on the Board of Directors. Nir brings nearly three decades of tech leadership experience, including roles at SanDisk and board positions at IronSource and Kornit Digital.As part of his appointment, Nir will receive a $765,000 base salary, 100% target annual bonus, and equity awards including 28,450 RSUs and 71,123 PSUs tied to stock price performance. The company also approved retention incentives for three executives based on cash flow goals. Faier will transition to a Special Advisor role for six months, while Lando will remain as a Special Advisor through May 31, 2025.SolarEdge's Board Chairman, Avery More, expressed confidence in Nir's leadership abilities and operational expertise. Nir stated his commitment to strengthening SolarEdge's market position and delivering value to stakeholders in the renewable energy sector.

SolarEdge Technologies has appointed Shuki Nir as its new CEO, effective December 4, 2024. Nir, previously the company's CMO, succeeds interim CEO Ronen Faier and replaces Zvi Lando on the Board of Directors. Nir brings nearly three decades of tech leadership experience, including roles at SanDisk and board positions at IronSource and Kornit Digital.As part of his appointment, Nir will receive a $765,000 base salary, 100% target annual bonus, and equity awards including 28,450 RSUs and 71,123 PSUs tied to stock price performance. The company also approved retention incentives for three executives based on cash flow goals. Faier will transition to a Special Advisor role for six months, while Lando will remain as a Special Advisor through May 31, 2025.SolarEdge's Board Chairman, Avery More, expressed confidence in Nir's leadership abilities and operational expertise. Nir stated his commitment to strengthening SolarEdge's market position and delivering value to stakeholders in the renewable energy sector.