SolarEdge announced the appointment of Ariel Porat as senior VP, finance. The appointment comes as part of a succession plan for the CFO role at the company. Ronen Faier, who currently serves as the company’s CFO, has notified the board of directors of his desire to step down from the CFO role. Faier will continue to serve as the company’s CFO for approximately three months at which time and upon the board’s formal appointment, Porat is expected to assume the role of CFO of the company. Faier is expected to remain with the company to assist with the transition and work on other strategic projects.
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