Published on August 26th, 2019 | by Joshua S Hill0
SolarEdge CEO & Founder Guy Sella Dies, Aged 54
August 26th, 2019 by Joshua S Hill
Israeli smart energy technology company SolarEdge announced Sunday that its CEO, Co-Chairman, and Founder, Guy Sella, had passed away, only days after the company announced that Sella was taking an immediately-effective leave of absence due to his battle with colon cancer which had led to his health condition ‘declining significantly’.
Guy Sella revealed to “Colleagues and Shareholders” in November 2017 that he had been diagnosed with colon cancer. At the time, Sella believed that “the condition is treatable” and that he expected “that the medical therapy I will be undergoing will allow me to travel and remain working.”
“This is yet another hurdle for me to overcome and I am confident that with everyone’s support and good wishes, I will do just that,” he added at the time.
Last Wednesday, however, SolarEdge announced that Sella’s “previously disclosed health condition has declined significantly” and that he would be taking a leave of absence, effective immediately, “to address his health issues.” In the interim, SolarEdge announced that Zvi (Zivi) Lando had been appointed to serve as Acting Chief Executive Officer.
“As is well known, Mr. Lando has been a part of the executive management team since 2009, and has a proven track record on sales and execution,” said co-chairman Nadav Zafrir. “The circumstances of this appointment are very sad. Having said that, the Board of Directors is confident that he will continue to take the Company forward on its current path of growth and success.”
Unfortunately, that news was followed on Sunday by the announcement that Guy Sella, aged 54, had died. SolarEdge issued the following statement:
“It is with a very heavy and sad heart that we notify of the passing of our dear friend and inspiration, Guy Sella. All of us who had the privilege to work with Guy and be witness to his unwavering drive and infinite levels of energy and passion for what he did know what a huge loss this is, not only to SolarEdge. Guy has left an incredible legacy and his spirit will live on forever in SolarEdge. The entire SolarEdge family mourns his loss. On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies to Guy’s family.”
Guy Sella had served in the technology unit of the Israel Defense Forces Intelligence Corps before partnering at the Star Ventures venture capital fund before he left to found SolarEdge in 2006.
Vale, Guy Sella.
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