SolarEdge Technologies, Inc. announced the appointment of Mr. Shuki Nir as the Company?s new Chief Executive Officer (CEO), effective immediately. Mr. Nir, who has served as SolarEdge?s CMO since June 2024, will succeed Mr. Ronen Faier, who has served as the Company?s Interim CEO since August 2024. Mr. Faier will stay on with the Company as an advisor during a transition period to ensure a seamless leadership transition.

Mr. Nir is also replacing Mr. Zvi Lando as a member of the Board of Directors. Mr. Nir is a proven leader within the technology sector, with nearly three decades of experience in leadership roles at multinational technology companies. He was the General Manager of the consumer business at SanDisk, where he led the strategic transformation and turnaround of a loss-making division into a profitable global market leader.

His extensive tenure includes strategic consulting for multinational corporations and serving on several boards, including IronSource and Kornit Digital. Mr. Nir holds an MBA, an LLB and BA in accounting from Tel Aviv University.