SolarEdge Appoints New Director as Co-Chairman

SolarEdge Technologies from Herzliya, Israel, announced the appointment of Nadav Zafrir as co-chairman and member of the board of directors. The appointment was approved unanimously by the board of directors and is being made to further strengthen the executive management of the company in light of the continued illness of Guy Sella, founder, Chairman and CEO of SolarEdge.

Mr. Zafrir brings to SolarEdge twenty-five years of experience in cyber leadership and technology development. He is the co-founder and Chief Executive Officer of Team8, a leading think tank that specialize in cyber resilience and data science. He was previously the Commander of the Israel Defense Forces’ Technology Intelligence Unit 8200 (Israel’s NSA), as well as founder of the IDF Cyber Command.

Established in 2006, SolarEdge provides solutions to optimize power harvesting and managements in photovoltaic (PV) systems. Its intelligent inverter solution maximizes power generation while lowering the cost of energy produced by the PV system. The company had achieved record revenues of $325.0 million during the Second Quarter 2019.

“Nadav Zafrir and I have worked together for decades, going back to our years of managing complex technological developments in the army,” stated Mr. Sella. “I cannot imagine a better fit for co-chairman to our board of directors than Nadav Zafrir.”