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SolarEdge (NASDAQ: SEDG) CFO Alperovitz to depart as Q1 guidance reaffirmed

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

SolarEdge Technologies reported that Chief Financial Officer Asaf Alperovitz has notified the company he will resign as CFO, effective June 9, 2026, to become CFO at another public company outside the industry. He will remain in his role through that date to support ongoing operations and the leadership transition while the Board of Directors conducts a search for a successor. The company stated that his departure is not related to any financial or accounting issue or to disagreements over operations, policies, or practices. SolarEdge also reaffirmed its previously issued financial guidance for the first quarter, originally provided on February 18, 2026.

Positive

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Negative

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Insights

CFO departure introduces leadership change, but reaffirmed guidance signals stable near-term outlook.

SolarEdge announced that CFO Asaf Alperovitz will step down on June 9, 2026 to join another public company. He will remain in place until then, giving the Board time to run an orderly search for a replacement.

The company explicitly stated that his exit is not related to financial or accounting issues or disagreements on operations, which helps address governance and reporting concerns. This framing positions the move as a career decision rather than a signal of internal problems.

Importantly, SolarEdge reaffirmed its first-quarter financial guidance originally issued on February 18, 2026, suggesting its near-term business expectations are unchanged despite the transition. Future updates on the new CFO appointment and any strategic shifts may appear in subsequent disclosures.


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of report (Date of earliest event reported):  March 10, 2026
 

 
SOLAREDGE TECHNOLOGIES, INC
(Exact name of registrant as specified in its charter)
 

 
Delaware
 
001-36894
 
20-5338862
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
 
1 Hamada Street, Herziliya Pituach, Israel
 
4673335
(Address of Principal executive offices)
 
(Zip Code)

Registrant’s Telephone number, including area code: 972 (9) 957-6620
 
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common stock, par value $0.0001 per share
SEDG
Nasdaq (Global Select Market)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2 below):
 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 240.12b-2 of this chapter).

Emerging growth company         
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.          ☐
 


Item 5.02 Other Events Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 10, 2026, Mr. Asaf Alperovitz, our Chief Financial Officer, notified SolarEdge Technologies, Inc. (the “Company”) that he will be resigning as CFO, effective as of June 9, 2026.  The Board of Directors is initiating a process to identify a replacement CFO.

Item 7.01.  Regulation FD Disclosure.

On March 10, 2026, the Company issued a press release announcing the resignation of Mr. Alperovitz as CFO. A copy of the press release is attached as Exhibit 99.1 hereto.

The information being furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise be subject to the liability of that section, and shall not be incorporated by reference into any other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits

Exhibit No.
Description
Exhibit 99.1
Press Release
Exhibit 104
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
SOLAREDGE TECHNOLOGIES, INC.
   
Date: March 10, 2026
By:      /s/ Dalia Litay
 
Name: Dalia Litay
Title:   Chief Legal Officer



Exhibit 99.1


SOLAREDGE ANNOUNCES DEPARTURE OF CFO
 
ASAF ALPEROVITZ TO DEPART THE COMPANY IN JUNE; COMPANY RE-AFFIRMS ITS FINANCIAL
GUIDANCE FOR THE FIRST QUARTER

MILPITAS, Calif. And HERZLIYA, Israel – (BUSINESS WIRE) — March 10, 2026 – SolarEdge Technologies, Inc. (“SolarEdge” or the “Company”) (Nasdaq: SEDG), a global leader in smart energy technology, announced today that Chief Financial Officer Asaf Alperovitz, has notified the Board of Directors of his decision to step down to pursue a chief financial officer role at a public company outside of the industry.
 
The Board of Directors is initiating a process to identify a replacement CFO.

Mr. Alperovitz will continue to serve as the Company’s Chief Financial Officer through June 9, 2026, to support its ongoing operations and the leadership transition.
 
Shuki Nir, CEO of SolarEdge: “On behalf of our executive team and the Board of Directors, we thank Asaf for his leadership and contributions in reinforcing SolarEdge’s financial foundation and advancing the company towards sustained profitability in 2026 and wish him continued success. We remain focused on moving toward profitable growth and believe 2026 will be a transformational year for SolarEdge.“
 
Asaf Alperovitz, CFO of SolarEdge “I want to thank my team, the Board and everyone at SolarEdge. I leave holding SolarEdge in the highest regard. I am enormously proud of the strides we’ve made and equally excited about its future opportunities.”
 
Mr. Alperovitz’s departure is not related to any financial or accounting issue or any disagreement over any matter relating to the Company’s operations, policies, or practices.
 
The Company is re-affirming its financial guidance for the first quarter, as provided on February 18, 2026.
 
About SolarEdge
 
SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, and grid services solutions. SolarEdge is online at www.solaredge.com


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
 
This release contains forward looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include information, among other things, concerning: management transitions, our possible or assumed future results of operations; future demands for solar energy solutions; business strategies; technology developments; financing and investment plans; dividend policy; competitive position; industry and regulatory environment; general economic conditions; potential growth opportunities; and the effects of competition. These forward-looking statements are often characterized by the use of words such as “anticipate,” “believe,” “could,” “seek,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or similar expressions and the negative or plural of those terms and other like terminology.
 
Forward-looking statements are only predictions based on our current expectations and our projections about future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Given these factors, you should not place undue reliance on these forward-looking statements. These factors include, but are not limited to, the matters discussed in the section entitled “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025, filed on February 25, 2026, and other reports filed with the SEC. All information set forth in this release is as of March 10, 2026. The Company 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.
 
Investor Contacts
 
Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
investors@solaredge.com

Media Contact
 
SolarEdge Technologies, Inc.
Lily Salkin, Head of Public Relations
lily.salkin@solaredge.com


FAQ

What did SolarEdge Technologies (SEDG) announce about its CFO?

SolarEdge announced that Chief Financial Officer Asaf Alperovitz will resign effective June 9, 2026. He plans to take a CFO role at another public company outside the industry and will stay through that date to support operations and the transition.

When will SolarEdge CFO Asaf Alperovitz leave the company?

Asaf Alperovitz will continue serving as SolarEdge’s Chief Financial Officer until June 9, 2026. During this period, he will support ongoing operations and the leadership transition while the Board of Directors conducts a process to identify and appoint a replacement CFO.

Is the SolarEdge CFO departure related to financial or accounting issues?

SolarEdge stated that Mr. Alperovitz’s departure is not related to any financial or accounting issue. The company also said it is not due to any disagreement regarding operations, policies, or practices, framing the move as a personal career decision.

Did SolarEdge (SEDG) change its first-quarter financial guidance?

SolarEdge reaffirmed its first-quarter financial guidance, originally provided on February 18, 2026. Despite the announced CFO transition, the company indicated its expectations for the quarter remain unchanged, signaling confidence in its near-term financial outlook.

Why is SolarEdge CFO Asaf Alperovitz stepping down?

SolarEdge disclosed that Asaf Alperovitz is stepping down to pursue a chief financial officer role at a public company outside the industry. The company emphasized his contributions to strengthening its financial foundation and wished him continued success in his next position.

How is SolarEdge handling the transition after its CFO resignation?

SolarEdge’s Board of Directors is initiating a process to identify a replacement CFO. Mr. Alperovitz will remain in his role through June 9, 2026 to assist with ongoing operations and help ensure a smooth leadership transition.

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Solaredge Technologies Inc

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