Enphase Energy Board of Directors Affirms Re-election of Thurman John Rodgers as Director of the Board
Enphase Energy (NASDAQ: ENPH), a leading global supplier of microinverter-based solar and battery systems, announced that its Board of Directors has unanimously voted to retain Thurman John (T.J.) Rodgers as a Board member, despite receiving less than 50% of votes in the recent stockholder meeting.
The low vote count was primarily attributed to proxy voting guidelines related to over-boarding policies at several major institutional stockholders. The Board's decision followed a recommendation from the Nominating and Corporate Governance Committee, with both decisions made without Rodgers' participation.
The Board highlighted Rodgers' contributions since 2017, including his deep expertise in semiconductors, batteries, and power electronics, perfect attendance at all Board meetings since 2024, and 97% attendance since 2017. Rodgers, the former CEO of Cypress Semiconductor, brings significant experience from his roles at SunPower, FTC Solar, Bloom Energy, and his current positions as CEO of Complete Solaria and Director at Enovix Corporation.
[ "Perfect Board and Committee meeting attendance since 2024 and 97% attendance since 2017", "Significant domain expertise in semiconductors, batteries, and power electronics", "Strong alignment with stockholders through personal investment and significant equity stake", "Strategic advantage from geographical proximity of board commitments" ]Enphase Energy (NASDAQ: ENPH), fornitore globale leader di sistemi solari e batterie basati su microinverter, ha annunciato che il suo Consiglio di Amministrazione ha votato all'unanimità per mantenere Thurman John (T.J.) Rodgers come membro del Consiglio, nonostante abbia ricevuto meno del 50% dei voti nell'ultima assemblea degli azionisti.
Il basso numero di voti è stato principalmente attribuito alle linee guida sul voto per delega relative alle politiche di sovraccarico di incarichi presso diversi importanti azionisti istituzionali. La decisione del Consiglio è seguita a una raccomandazione del Comitato per la Nomina e la Governance Aziendale, adottata senza la partecipazione di Rodgers.
Il Consiglio ha sottolineato i contributi di Rodgers dal 2017, inclusa la sua profonda competenza in semiconduttori, batterie ed elettronica di potenza, la partecipazione perfetta a tutte le riunioni del Consiglio dal 2024 e il 97% di presenza dal 2017. Rodgers, ex CEO di Cypress Semiconductor, porta un'esperienza significativa dai suoi ruoli in SunPower, FTC Solar, Bloom Energy e dalle sue attuali posizioni come CEO di Complete Solaria e Direttore presso Enovix Corporation.
- Presenza perfetta a riunioni del Consiglio e dei Comitati dal 2024 e 97% di partecipazione dal 2017
- Significativa esperienza nei settori dei semiconduttori, batterie ed elettronica di potenza
- Forte allineamento con gli azionisti tramite investimenti personali e significativa quota azionaria
- Vantaggio strategico derivante dalla prossimità geografica degli impegni nel Consiglio
Enphase Energy (NASDAQ: ENPH), proveedor global líder de sistemas solares y baterías basados en microinversores, anunció que su Junta Directiva votó unánimemente para mantener a Thurman John (T.J.) Rodgers como miembro de la Junta, a pesar de haber recibido menos del 50% de los votos en la reciente reunión de accionistas.
El bajo recuento de votos se atribuyó principalmente a las directrices de votación por poder relacionadas con las políticas de exceso de cargos en varios accionistas institucionales importantes. La decisión de la Junta siguió a una recomendación del Comité de Nominaciones y Gobernanza Corporativa, tomada sin la participación de Rodgers.
La Junta destacó las contribuciones de Rodgers desde 2017, incluyendo su profunda experiencia en semiconductores, baterías y electrónica de potencia, asistencia perfecta a todas las reuniones de la Junta desde 2024 y un 97% de asistencia desde 2017. Rodgers, ex CEO de Cypress Semiconductor, aporta una experiencia significativa de sus roles en SunPower, FTC Solar, Bloom Energy y sus posiciones actuales como CEO de Complete Solaria y Director en Enovix Corporation.
- Asistencia perfecta a reuniones del Consejo y Comités desde 2024 y 97% de asistencia desde 2017
- Experiencia significativa en semiconductores, baterías y electrónica de potencia
- Fuerte alineación con los accionistas mediante inversión personal y participación accionaria significativa
- Ventaja estratégica por la proximidad geográfica de los compromisos en la Junta
Enphase Energy (NASDAQ: ENPH)는 마이크로인버터 기반 태양광 및 배터리 시스템의 글로벌 선도 공급업체로서, 최근 주주총회에서 50% 미만의 득표율을 기록했음에도 불구하고 서먼 존 (T.J.) 로저스를 이사회 멤버로 유지하기로 이사회가 만장일치로 결정했다고 발표했습니다.
낮은 득표율은 주로 여러 주요 기관 투자자의 과도한 이사회 중복 참여 정책에 따른 대리투표 지침 때문이었습니다. 이사회의 결정은 후보추천 및 기업지배구조위원회의 권고에 따른 것이며, 로저스는 이 결정 과정에 참여하지 않았습니다.
이사회는 2017년 이후 로저스의 기여를 강조하며, 반도체, 배터리 및 전력 전자 분야의 깊은 전문성, 2024년부터 모든 이사회 회의에 완벽히 참석한 점, 2017년 이후 97%의 출석률을 언급했습니다. 전 Cypress Semiconductor CEO인 로저스는 SunPower, FTC Solar, Bloom Energy에서의 역할과 현재 Complete Solaria CEO 및 Enovix Corporation 이사직을 맡으며 풍부한 경험을 보유하고 있습니다.
- 2024년부터 완벽한 이사회 및 위원회 회의 참석, 2017년 이후 97% 출석률
- 반도체, 배터리 및 전력 전자 분야의 풍부한 전문 지식
- 개인 투자 및 상당한 지분 보유를 통한 주주와의 강력한 정렬
- 이사회 임무의 지리적 근접성에서 오는 전략적 이점
Enphase Energy (NASDAQ: ENPH), fournisseur mondial de premier plan de systèmes solaires et de batteries basés sur des micro-onduleurs, a annoncé que son conseil d'administration avait voté à l'unanimité pour maintenir Thurman John (T.J.) Rodgers en tant que membre du conseil, malgré un vote inférieur à 50 % lors de la récente assemblée des actionnaires.
Le faible nombre de votes a été principalement attribué aux directives de vote par procuration liées aux politiques de cumul de mandats chez plusieurs grands actionnaires institutionnels. La décision du conseil a suivi une recommandation du comité de nomination et de gouvernance d'entreprise, prise sans la participation de Rodgers.
Le conseil a souligné les contributions de Rodgers depuis 2017, notamment sa grande expertise dans les semi-conducteurs, les batteries et l'électronique de puissance, sa présence parfaite à toutes les réunions du conseil depuis 2024, et un taux de présence de 97 % depuis 2017. Rodgers, ancien PDG de Cypress Semiconductor, apporte une expérience significative de ses rôles chez SunPower, FTC Solar, Bloom Energy, ainsi que ses fonctions actuelles de PDG de Complete Solaria et de directeur chez Enovix Corporation.
- Présence parfaite aux réunions du conseil et des comités depuis 2024 et 97 % de présence depuis 2017
- Expertise significative dans les semi-conducteurs, les batteries et l'électronique de puissance
- Forte alignement avec les actionnaires grâce à un investissement personnel et une participation significative au capital
- Avantage stratégique lié à la proximité géographique des engagements au conseil
Enphase Energy (NASDAQ: ENPH), ein weltweit führender Anbieter von mikroinverterbasierten Solar- und Batteriesystemen, gab bekannt, dass sein Vorstand einstimmig beschlossen hat, Thurman John (T.J.) Rodgers trotz weniger als 50 % der Stimmen bei der jüngsten Aktionärsversammlung als Vorstandsmitglied zu behalten.
Die geringe Stimmenzahl wurde hauptsächlich auf die Proxy-Voting-Richtlinien im Zusammenhang mit Überlastungsregelungen bei mehreren großen institutionellen Aktionären zurückgeführt. Die Entscheidung des Vorstands folgte einer Empfehlung des Nominierungs- und Corporate-Governance-Ausschusses, wobei Rodgers nicht an der Entscheidung beteiligt war.
Der Vorstand hob Rodgers’ Beiträge seit 2017 hervor, darunter seine tiefgehende Expertise in Halbleitern, Batterien und Leistungselektronik, seine perfekte Anwesenheit bei allen Vorstandssitzungen seit 2024 und eine Anwesenheitsquote von 97 % seit 2017. Rodgers, ehemaliger CEO von Cypress Semiconductor, bringt umfassende Erfahrung aus seinen Rollen bei SunPower, FTC Solar, Bloom Energy sowie seinen aktuellen Positionen als CEO von Complete Solaria und Direktor bei Enovix Corporation mit.
- Perfekte Anwesenheit bei Vorstandssitzungen und Ausschüssen seit 2024 sowie 97 % Anwesenheit seit 2017
- Signifikante Fachkenntnisse in Halbleitern, Batterien und Leistungselektronik
- Starke Ausrichtung auf die Aktionäre durch persönliche Investitionen und bedeutenden Aktienanteil
- Strategischer Vorteil durch geografische Nähe der Vorstandstätigkeiten
- None.
- Received less than 50% of votes cast in recent stockholder meeting
- Concerns from major institutional stockholders regarding over-boarding policies
FREMONT, Calif., June 30, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that its Board of Directors, excluding Thurman John (T.J.) Rodgers, unanimously voted to retain Mr. Rodgers as a member of the Board of Directors. The decision followed a recommendation of the Nominating and Corporate Governance Committee of the Board, also conducted without Mr. Rodgers’ participation, in accordance with Enphase Energy’s Corporate Governance Guidelines.
Based upon data analysis and discussion and input from investors, the Board believes that Mr. Rodgers received less than
- Significant domain expertise: deep knowledge across semiconductors, batteries, and power electronics – disciplines critical to Enphase’s continued innovation and leadership
- Unique technical and industry experience: founder and long-time CEO of Cypress Semiconductor
- Direct solar and battery storage experience: former Director of SunPower, FTC Solar, Inc., and Bloom Energy Corporation; current Director of Enovix Corporation; and current CEO and Director of Complete Solaria, Inc.
- Strategic and operational impact: unmatched technical network and strategic acumen
- Alignment with stockholders: personal investment and significant equity stake in Enphase Energy
- Commitment: perfect attendance at all Board and Committee meetings since 2024;
97% since 2017 - Location synergy: efficient board oversight resulting from the three companies on which Mr. Rodgers serves on the Board being headquartered in the same city
“T.J. has been a cornerstone of our Board since 2017, bringing unmatched strategic depth, technical insight, and a relentless focus on execution,” said Steve Gomo, chair of the board at Enphase Energy. “His leadership has helped guide Enphase Energy through pivotal periods of transformation and growth. The Board and I are confident that his continued service is critical as we advance our mission, expand globally, and deliver lasting value to our stockholders.”
“T.J. combines deep technical expertise with strategic clarity and operational discipline,” said Badri Kothandaraman, president and CEO of Enphase Energy. “He is a trusted advisor and a key contributor to many of our most important decisions. As we continue to innovate and scale, his experience and commitment will be vital to driving long-term value for our customers and stockholders.”
The Board remains committed to strong governance and ensuring that Enphase Energy benefits from experienced, engaged, and forward-thinking leadership. With T.J. Rodgers’ continued service, Enphase Energy believes it is well-positioned to navigate current market challenges and its next phase of innovation and global growth, while continuing to deliver exceptional value to its customers, partners, and stockholders over the long term.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power – and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://investor.enphase.com.
©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.
Forward-Looking Statements
This press release may contain forward-looking statements, including statements related to its continued innovation, scale, long-term value and global growth. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
Contact:
Zach Freedman
Enphase Energy, Inc.
Investor Relations
ir@enphaseenergy.com
This press release was published by a CLEAR® Verified individual.
FAQ
Why did Enphase Energy (ENPH) retain T.J. Rodgers despite low stockholder votes?
What is T.J. Rodgers' experience in the solar and energy industry?
How long has T.J. Rodgers served on Enphase Energy's Board?
What was the main reason for low stockholder votes for T.J. Rodgers at ENPH?
What are T.J. Rodgers' current leadership positions besides Enphase Energy?
