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
"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
"It has been an enormous privilege to lead Enphase since inception and through its growth to become a leading global energy technology company," said
This press release may contain forward-looking statements, including statements related to Enphase Energy's: search for a replacement President and CEO, continued growth prospects; increase in market share; expansion into new geographies; and future of sustained profitability. These forward-looking statements are based on the company's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties and other risks detailed in the "Risk Factors" and elsewhere in Enphase Energy's latest
Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. The Company revolutionized solar with its microinverter technology and produces the world's only truly integrated solar plus storage solution. Enphase has shipped approximately 15 million microinverters, and more than 661,000 Enphase systems have been deployed in more than 100 countries. For more information, visit www.enphase.com.
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Christina Carrabino Enphase Energy, Inc.Investor Relations firstname.lastname@example.org +1-707-763-4784 x7294
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