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Fly News Breaks for March 18, 2019
SEDG
Mar 18, 2019 | 12:45 EDT
Vertical Group analyst Gordon Johnson said in an email that he has confirmed that Teff Reed, the Senior Director of Field Services who was in charge of warranty issues and failure rates, no longer works at SolarEdge. Reed's departure marks the second "material" U.S. executive departure in under seven days following the exit of Amir Cohen, according to Johnson. Johnson, who said material U.S. executive departures are "concerning if one is still bullish on the company's fundamental outlook," has a Sell rating on SolarEdge shares.
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