Management ChangeJun 15, 2026, 04:21 PM
Enphase Energy Appoints Shanker Trivedi to Board of Directors
AI Summary
Enphase Energy, Inc. announced that its Board of Directors increased its size to eight directors and appointed Shanker Trivedi to fill the newly created vacancy in Class I, effective June 11, 2026. Mr. Trivedi was also appointed to serve on the Audit Committee. He brings over 30 years of leadership experience in enterprise technology, data centers, and cloud infrastructure, including a decade at NVIDIA Corporation. In connection with his appointment, Mr. Trivedi received a restricted stock unit award valued at approximately $250,000, vesting in four equal installments through May 2027.
Key Highlights
- Enphase Energy's Board of Directors increased its size to eight directors.
- Shanker Trivedi was appointed to the Board of Directors, filling a newly created vacancy in Class I.
- Mr. Trivedi was also appointed to serve on the Audit Committee of the Board.
- His term of office expires at the Company's 2028 Annual Meeting of Stockholders.
- Mr. Trivedi received a restricted stock unit award with a targeted value of approximately $250,000.
- The restricted stock unit award will vest in four equal installments through May 15, 2027.
- Mr. Trivedi brings over 30 years of leadership experience, including from NVIDIA Corporation.
Price Impact
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