Eric Branderiz Joins Symbotic’s Board of Directors

Rhea-AI Summary

Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for supply chain solutions, has announced the appointment of Eric Branderiz to its Board of Directors, effective May 14, 2025. Branderiz brings nearly 30 years of finance and accounting experience, most recently serving as EVP and CFO at Enphase Energy. His notable previous roles include Vice President, Corporate Controller and Chief Accounting Officer at Tesla, along with senior positions at SunPower Corporation, Knowledge Universe Corporation, Spansion, and Advanced Micro Devices.

Currently serving on the boards of Cognizant Technology Solutions Corporation and Fortive Corporation, Branderiz is a Certified Public Accountant in California with a bachelor's degree in Business Commerce from The University of Alberta. His appointment aims to support Symbotic's growth and global expansion in robotics and A.I.-powered automation technology.

Positive

• Addition of seasoned CFO with 30 years of finance and accounting experience
• Expertise in high-growth industrial technology environments and public companies
• Strong background in global manufacturing organizations through roles at Tesla, Enphase Energy, and other tech companies
• Current board experience at major corporations (Cognizant and Fortive)

Negative

• None.

News Market Reaction

+2.71%

1 alert

+2.71% News Effect

On the day this news was published, SYM gained 2.71%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Seasoned CFO brings deep experience of high-growth environments in industrial technology, and finance and accounting leadership in sophisticated global manufacturing organizations

WILMINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the election of Eric Branderiz to its Board of Directors, effective May 14, 2025.

Mr. Branderiz joins Symbotic’s Board following a nearly 30-year career in public and private company finance and accounting, including in high-growth environments in industrial technology. Most recently, he served as Executive Vice President and Chief Financial Officer at Enphase Energy. Prior to Enphase Energy, Mr. Branderiz was Vice President, Corporate Controller and Chief Accounting Officer at Tesla. He has held senior finance and accounting roles at SunPower Corporation, Knowledge Universe Corporation, Spansion and Advanced Micro Devices, after beginning his career at Ernst & Young.

“On behalf of the Board, I am thrilled to welcome Eric to Symbotic,” said Rick Cohen, Chairman and CEO of Symbotic. “Eric brings deep financial expertise and a track record of success, guiding companies through critical stages of growth and playing a pivotal role in helping newly public organizations to achieve significantly greater scale. I look forward to working with him as we continue bringing our cutting-edge robotics and A.I.-powered automation technology to diverse customers and settings globally.”

“I’m honored to join Symbotic’s Board at such an exciting point in the company’s trajectory,” said Mr. Branderiz. “Symbotic is a leader in its field with one-of-a-kind automation technology, and I look forward to leveraging my experience at growth-oriented technology companies to support Symbotic’s continued innovation and its rapid momentum.”

Mr. Branderiz currently serves on the Board of Directors of Cognizant Technology Solutions Corporation and Fortive Corporation. He is a Certified Public Accountant in California, and received his bachelor’s degree in Business Commerce with an emphasis on Accounting from The University of Alberta.

About Symbotic

Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com.

Media Contact
mediainquiry@symbotic.com

Investor Contact
Charlie Anderson
Vice President, Investor Relations & Corporate Development
ir@symbotic.com

FAQ

Who is Eric Branderiz and why did Symbotic (SYM) add him to their board?

Eric Branderiz is a seasoned CFO with 30 years of finance experience, most recently serving as EVP and CFO at Enphase Energy and previously as VP and Chief Accounting Officer at Tesla. He was added to Symbotic's board for his expertise in high-growth industrial technology environments and public company leadership.

What is Eric Branderiz's professional background before joining Symbotic's board?

Branderiz served as EVP and CFO at Enphase Energy, VP and Chief Accounting Officer at Tesla, and held senior finance roles at SunPower Corporation, Knowledge Universe Corporation, Spansion, and Advanced Micro Devices. He started his career at Ernst & Young.

When did Eric Branderiz join Symbotic's (SYM) board of directors?

Eric Branderiz joined Symbotic's Board of Directors effective May 14, 2025.

What other board positions does Eric Branderiz currently hold?

Eric Branderiz currently serves on the Board of Directors of Cognizant Technology Solutions Corporation and Fortive Corporation.