Renewable Energy Global Expansion
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Enlight Expands Its Executive Leadership Team
Globenewswireยท 2025-07-30 11:45
Core Insights - Enlight Renewable Energy is undergoing a leadership transition, with Gilad Yavetz becoming Executive Chairman and Adi Leviatan appointed as the new CEO, marking a significant step in the company's growth strategy [1][2][6] Leadership Changes - Gilad Yavetz, co-founder and current CEO, will transition to Executive Chairman, maintaining close collaboration with the new CEO and the board to drive the company's growth [2][3] - Adi Leviatan brings over 20 years of executive experience from global corporations, including a recent role at 3M, where she managed a division with approximately 700 employees and annual revenues of $1.5 billion [2][6] - Yair Seroussi, who served as Chairman for seven years, will take on the role of Vice Chairman, continuing to support the executive management with his expertise in strategy and finance [4] Strategic Positioning - The leadership transition is set to take effect on October 1, 2025, as Enlight is positioned for significant growth, supported by a robust organizational and operational infrastructure [5] - The company has made strategic moves to enhance its leadership platform, including appointing General Managers to key business units and developing a top-performing energy management platform [5][6] Company Vision - Gilad Yavetz expressed confidence in Adi Leviatan's leadership capabilities, emphasizing her strategic experience and the importance of maintaining Enlight's core values during this transition [7][8] - Adi Leviatan highlighted her commitment to the company's vision and values, aiming to further establish Enlight as a leading player in the renewable energy sector [9] Company Background - Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects across solar, wind, and energy storage segments [11] - The company operates in the United States, Israel, and 10 European countries, and has been publicly traded since 2010, completing its U.S. IPO in 2023 [11]