BUZZ-SolarEdge names Asaf Alperovitz as CFO; shares rise

Reuters
03-03
BUZZ-SolarEdge names Asaf Alperovitz as CFO; shares rise

** SolarEdge Technologies' SEDG.O shares rise 1.7% to $16.81 premarket

** Co names Asaf Alperovitz as chief financial officer, effective immediately

** Alperovitz will succeed Ariel Porat

** SEDG says Porat has taken a personal decision to step down

** Alperovitz previously served as the CFO of Delta Galil, an Israeli textile firm

** SolarEdge earlier this year said it would lay off 400 employees globally, its fourth job-cut announcement since 2024

** As of last close, shares were up 21.25% YTD

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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