MILPITAS, Calif. & HERZLIYA, Israel - SolarEdge Technologies Inc. (NASDAQ:SEDG) announced Monday the appointment of Maoz Sigron as Chief Financial Officer, effective May 31, 2026, according to a press release statement.
Sigron replaces Asaf Alperovitz, who is stepping down to pursue a professional opportunity outside the industry. Alperovitz will remain with the company through June 9, 2026 to assist with the transition.
Sigron brings over 20 years of financial and operational experience across global organizations. He most recently served as CFO and later COO at Perion Network Ltd. (NASDAQ:PERI). His previous roles include senior finance leadership positions at Allot Ltd. (NASDAQ:ALLT), a company with a market cap of $382 million that holds more cash than debt on its balance sheet, according to InvestingPro data. He also held positions at Tnuva and Stratasys Ltd. (NASDAQ:SSYS). Sigron holds a BA in Accounting and Business Management from The College of Management Academic Studies.
"Maoz joins SolarEdge at a pivotal moment for the company as we continue to execute on our strategic priorities, with a focus on operational efficiency, strengthening financial discipline, and positioning the Company for long-term, profitable growth," said Shuki Nir, CEO of SolarEdge.
Sigron stated he is joining a company with "a strong culture of innovation, a differentiated market position, and significant global growth opportunities."
SolarEdge develops, manufactures, and sells smart energy technology products, including residential and commercial photovoltaic solutions, energy storage, electric vehicle charging capabilities, and home energy management systems.
In other recent news, Allot Communications reported quarterly earnings that surpassed analyst estimates, signaling a positive revenue trajectory. Despite these strong results, Needham adjusted its price target for Allot Communications from $12.50 to $8.50, maintaining a Buy rating, citing valuation concerns. Similarly, TD Cowen lowered its price target from $13 to $11, attributing the change to market contraction, though it also maintained a Buy rating. Meanwhile, Cantor Fitzgerald reiterated an Overweight rating with a $15 price target, highlighting growth prospects due to increased demand for security services and rising cyber threats. These developments reflect varying perspectives among analysts regarding the company’s future performance.
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