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- Departure of CFO (new) — CFO Asaf Alperovitz is leaving to pursue opportunities outside the industry, though the departure appears voluntary with planned transition support through early June.
SolarEdge appoints Maoz Sigron as CFO effective May 31, replacing departing Asaf Alperovitz
Filed May 11, 2026 · Period ending May 9, 2026 · ~1 min read
Key Changes
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CFO Asaf Alperovitz is stepping down effective May 31, 2026, to pursue opportunities outside the solar industry, with transition support through June 9. The departure was previously disclosed in March 2026.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Maoz Sigron, 48, appointed as new CFO and principal accounting officer effective May 31. He brings 20+ years of experience including CFO and COO roles at Nasdaq-listed Perion Network, with expertise in M&A, capital markets, and operational efficiency.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Sigron's compensation includes 130,000 NIS monthly salary (subject to 10% reduction until performance goals met), 75% target bonus, and $1.4M in initial equity: $700K in RSUs vesting over four years and $700K in PSUs tied to three-year TSR performance versus Solar Index.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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CEO Shuki Nir characterized this as a pivotal moment for the company, emphasizing strategic priorities around operational efficiency, financial discipline, and positioning for long-term profitable growth.
Exhibit 99.1 view on EDGAR →
Summary
SolarEdge disclosed a CFO transition at what management describes as a pivotal moment for the company. Asaf Alperovitz is stepping down effective May 31, 2026, to pursue opportunities outside the solar industry, with transition support through June 9. While the departure appears voluntary and was previously disclosed in March 2026, CFO changes warrant attention as they can signal strategic shifts or operational challenges, particularly when management emphasizes the company is executing on priorities around operational efficiency and financial discipline.
The incoming CFO, Maoz Sigron, brings relevant public-company experience from his CFO and COO roles at Nasdaq-listed Perion Network, including expertise in capital markets, M&A, and operational efficiency. His compensation structure includes performance-based elements tied to the company's total shareholder return versus the Solar Index through January 2029, aligning his incentives with long-term stock performance. For retail holders, the key watch item is whether the new CFO can deliver on the stated priorities of operational efficiency and financial discipline during what management characterizes as a transformation phase for the company.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The employment agreement also provides for a 90-day termination notice in the event of a termination without Cause (as defined therein). In addition, in the event of a termination of Mr. Sigron’s employment by the Company without Cause or by Mr. Sigron for Justifiable Reason (as defined therein), in each case, within 12 months of a Change of Control (as defined therein), all outstanding equity awards held by Mr. Sigron will be fully accelerated.
The employment agreement includes a 90-day notice period for termination without cause and provides for full acceleration of all equity awards if Sigron is terminated without cause or resigns for justifiable reason within 12 months following a change of control.
Event · Exhibit 99.1
SolarEdge appointed Maoz Sigron as CFO effective May 31, 2026, replacing Asaf Alperovitz who is departing for another opportunity.
Added in current filing · view on EDGAR →
SolarEdge
Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, announced today the appointment of Mr. Maoz Sigron as the Company’s new Chief Financial Officer (CFO), effective May 31, 2026. Maoz Sigron succeeds Mr. Asaf Alperovitz, who is stepping down from the role to pursue another professional opportunity outside of the industry. Mr. Alperovitz will remain with the Company through June 9, 2026 to assist with a smooth handover.
SolarEdge disclosed a CFO transition. Asaf Alperovitz is stepping down to pursue opportunities outside the industry, and Maoz Sigron will assume the CFO role effective May 31, 2026. Alperovitz will remain through June 9, 2026 to facilitate the transition. Leadership changes at the CFO level can impact investor confidence and signal strategic shifts.
Added in current filing · view on EDGAR →
Mr. Sigron has over 20 years of financial and operational experience across global organizations, with a strong track record in governance, M&A, capital markets, budgeting and operational discipline in NASDAQ- and TASE-listed companies. Most recently, he served as CFO and later COO at Perion Network Ltd. (NASDAQ & TASE: PERI). Earlier in his career, Mr. Sigron held senior finance leadership positions at Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), Tnuva, and Stratasys Ltd. (NASDAQ: SSYS). Throughout his career, Mr. Sigron has succeeded in driving strategic business transformation, raising capital on NASDAQ through equity offerings, directing M&A processes for several strategic acquisitions, achieving substantial operational efficiencies, and supporting complex, multi-market operations.
The new CFO brings extensive experience in public-company finance, capital markets, M&A, and operational efficiency. His background includes CFO and COO roles at NASDAQ-listed companies and experience raising capital through equity offerings. This expertise may support SolarEdge's stated focus on operational efficiency and financial discipline.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 1, 2026 · How we verify