Mr. Nir succeeds Ronen Faier, who has served as interim CEO since August 2024. Mr. Faier will remain with the company as an advisor during a transition period to ensure continuity.
Mr. Nir, who joined SolarEdge as chief marketing officer in June 2024, also joins the board of directors, replacing Zivi Lando.
With nearly 30 years of experience in leadership roles at multinational technology companies, including a tenure as general manager of the consumer business at SanDisk, Mr. Nir has a proven track record of driving strategic growth and operational excellence.
Commitment to growth and innovation
Avery More, chairman of the board at SolarEdge, said: “SolarEdge is gaining an accomplished and proven leader in Shuki, and I am delighted to announce him as our new CEO.
“Following a rigorous global search and evaluating several outstanding external and internal candidates, Shuki stood out for his exceptional leadership, operational expertise, and ability to build high-performing teams.
“Having served as CMO, he already understands our operations, values, and strategic goals. We believe Shuki is the right candidate to lead SolarEdge into its next phase of growth.”
Mr. More added: “On behalf of the board, I would like to take this opportunity to express how grateful we are for Ronen’s contributions as interim CEO and for his many years of service as the company’s CFO. We are pleased that Ronen will remain with the company as an advisor during a transition period to ensure a seamless transition.”
Vision for SolarEdge’s future
Shuki Nir, the newly appointed CEO, shared his perspective on the opportunity: “I am honored to take on the opportunity to lead SolarEdge at such a crucial time for the company and the industry.
“The SolarEdge mission, to develop and scale renewable energy technologies that improve the way we generate, store, manage, and use electrical power in every aspect of our lives, is truly inspiring.
“With our leading technological capabilities, best-in-class product lineup and extraordinarily talented team, I believe we have all the key ingredients to strengthen our market position and continue to deliver value to our customers, employees, and shareholders.”
Acknowledgment of leadership transition
Ronen Faier, interim CEO, expressed his confidence in Mr. Nir’s leadership: “The opportunities that lie ahead of the company are exciting. Now is the time to transition to a new generation of leadership to drive SolarEdge’s next stage of growth.
“I could not be happier to welcome Shuki as SolarEdge’s next CEO; I believe he has the passion, the drive, and the vision that make him the right person to lead SolarEdge forward.”
Image: SolarEdge