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Stock impact report

Enphase Energy CEO Announces Resignation

Enphase Energy, Inc. (ENPH) 
Last enphase energy, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.enphase.com
Company Research Source: GlobeNewswire
PETALUMA, Calif., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, announced today that after more than ten years at the helm of the Company, Paul Nahi is stepping down as President and CEO. Nahi’s final day with Enphase is today; however, he will continue to assist Enphase as it transitions to a new leader. The Company’s Board of Directors has begun a search for a replacement that includes both internal and external candidates, with the intention to name a successor by August 31, 2017. In the interim, the Board has created an Office of the CEO, consisting of Bert Garcia, CFO, and Badri Kothandaraman, COO, to oversee and provide leadership for the Company’s day-to-day activities. “On behalf of the Board, we would like to thank Paul for his exceptional leadership, and his many years of service to Enphase and the solar industry,” said Steve Gomo, lead independent directo Show less Read more
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