Tigo Energy Appoints Sagit Manor to Board of Directors
19 Dezembro 2023 - 11:00AM
Business Wire
Tigo Energy, Inc. (Nasdaq: TYGO) ("Tigo" or the
“Company”), a leading provider of intelligent solar and energy
storage solutions, has appointed Sagit Manor as an independent
director on its Board of Directors, effective January 1, 2024.
Ms. Manor is an accomplished financial operations and technology
expert with more than 25 years of experience in executive roles
including several at public companies. Currently, Ms. Manor serves
as Chief Financial Officer for Nayax Ltd., a global commerce
enablement payments and loyalty platform provider for retailers, a
role in which she manages Nayax’s finances, investor relations, and
cyber security, in addition to making significant contributions to
Nayax’s strategic decision-making process. In September 2022, Ms.
Manor led Nayax’s dual-listing process to begin trading on the
Nasdaq Stock Market in addition to the Tel Aviv Stock Exchange
(TASE).
Prior to Nayax, Ms. Manor served as Chief Executive Officer and
Chief Financial Officer at Nyotron Information Security Ltd., a
developer of cybersecurity solutions software, where she led the
company through several financing rounds and a successful exit in
2021. Ms. Manor also served as Vice President of Finance &
Product Chief Financial Officer for VeriFone Holdings Inc., where
she managed several strategic roadmap initiatives. Ms. Manor holds
a Bachelor of Arts in accounting from the College of Management
Academic Studies, in Rishon LeZion, Israel.
“Sagit is a proven leader with substantial C-suite experience in
the tech sector, and I am delighted to welcome her to the Tigo
Board of Directors,” said Zvi Alon, chairman and CEO at Tigo
Energy. “As we continue growing in the many geographies we serve
and bring our programmatic approach to total quality solar wherever
Tigo products are deployed, Sagit’s track record of leading global
expansion will bolster aspects of both our strategy and our
tactical execution. Tigo can be proud of attracting someone of
Sagit’s caliber to the Board, and I look forward to leveraging her
insights and leadership.”
“My excitement about joining the Tigo Board stems from the
tremendous opportunity open to a company with solutions that span
the residential, commercial, and utility solar segments, with an
established customer base across the entire globe,” said Ms. Manor.
“I’ve spent much of my career driving growth in new markets across
several industries, and Tigo has the kind of global resilience that
allows companies to expand and flourish even in the face of
regional ups and downs. I look forward to applying my experience to
help Tigo drive innovation and quality in solar energy, and to
continue executing on its growth strategy.”
About Tigo Energy, Inc.
Founded in 2007, Tigo is a worldwide leader in the development
and manufacture of smart hardware and software solutions that
enhance safety, increase energy yield, and lower operating costs of
residential, commercial, and utility-scale solar systems. Tigo
combines its Flex MLPE (Module Level Power Electronics) and solar
optimizer technology with intelligent, cloud-based software
capabilities for advanced energy monitoring and control. Tigo MLPE
products maximize performance, enable real-time energy monitoring,
and provide code-required rapid shutdown at the module level. The
Company also develops and manufactures products such as inverters
and battery storage systems for the residential solar-plus-storage
market. For more information, please visit www.tigoenergy.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements include, but are not limited to, statements
about our expectations and intentions with respect to future
operations, products and services, expansion to new markets and
geographies and the benefits associated with the appointment of
Sagit Manor to Tigo’s Board of Directors; and other statements
identified by words such as “will likely result,” “are expected
to,” “will continue,” “is anticipated,” “estimated,” “expected,”
“believe,” “intend,” “plan,” “projection,” “outlook” or words of
similar meaning. These forward-looking statements are based upon
the current beliefs and expectations of Tigo’s management and are
inherently subject to significant business, economic and
competitive uncertainties and contingencies, many of which are
difficult to predict and generally beyond our control. Actual
results and the timing of events may differ materially from the
results anticipated in these forward-looking statements.
In addition to factors previously disclosed, or that will be
disclosed in, our reports filed with the SEC, factors which may
cause actual results to differ materially from current expectations
include, but are not limited to, our ability to effectively develop
and sell our product offerings and services, our ability to compete
in the highly-competitive and evolving solar industry; our ability
to manage risks associated with seasonal trends and the cyclical
nature of the solar industry; whether we continue to grow our
customer base; whether we continue to develop new products and
innovations to meet constantly evolving customer demands; our
ability to acquire or make investments in other businesses,
patents, technologies, products or services to grow the business
and realize the anticipated benefits therefrom; our ability to meet
future liquidity requirements; our ability to respond to
fluctuations in foreign currency exchange rates and political
unrest and regulatory changes in international markets into which
we expand or otherwise operate in; our failure to attract, hire,
retain and train highly qualified personnel in the future; and if
we are unable to maintain key strategic relationships with our
partners and distributors.
Actual results, performance or achievements may differ
materially, and potentially adversely, from any projections and
forward-looking statements and the assumptions on which those
forward-looking statements are based. There can be no assurance
that the forward-looking statements contained herein are reflective
of future performance to any degree. You are cautioned not to place
undue reliance on forward-looking statements as a predictor of
future performance as projected financial information and other
information are based on estimates and assumptions that are
inherently subject to various significant risks, uncertainties and
other factors, many of which are beyond our control. All
information set forth herein speaks only as of the date hereof, and
we disclaim any intention or obligation to update any
forward-looking statements as a result of new information, future
developments or otherwise occurring after the date of this
communication.
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version on businesswire.com: https://www.businesswire.com/news/home/20231219413220/en/
Investor Relations Contacts Matt Glover or Tom Colton
Gateway Group, Inc. (949) 574-3860 TYGO@gateway-grp.com
Tigo Energy (NASDAQ:TYGO)
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