Enphase Energy appoints new CFO

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Enphase Energy Inc, a global energy technology company and the world’s leading supplier of solar microinverters, has announced Eric Branderiz has been appointed vice president and chief financial officer, effective today. Mr. Branderiz succeeds Bert Garcia, who will support an orderly transition of duties through June 30, 2018.

“I am pleased to welcome Eric to our team,” said Badri Kothandaraman, President and CEO of Enphase Energy. “His executive management, finance, accounting and operations experience will benefit Enphase as we drive towards profitable top line growth.”

Mr Branderiz brings to Enphase more than 20 years of energy management, solar technology and semiconductor industry experience. Prior to joining Enphase, Mr Branderiz served as vice president, corporate controller and chief accounting officer at Tesla Inc, where he was responsible for global financial accounting, external reporting and finance operations.

Mr Branderiz also served as senior vice president, corporate controller and chief accounting officer at SunPower Corporation, with various corporate tax, financial planning and analysis and operations duties. Prior to that, he served as vice president, corporate controller, and head of subsidy operations for the Knowledge Learning Corporation (KLC), where he was responsible for all accounting, external reporting, internal controls and treasury activities.

Mr Branderiz also served in various leadership executive positions at Spansion Inc. Early in his career, he held various positions at Advanced Micro Devices Inc and Ernst & Young, LLP. Mr Branderiz received his undergraduate degree in business commerce, with a concentration in accounting, from the University of Alberta, Canada. He is a certified public accountant in California.

“I am excited to join Enphase,” said Mr Branderiz. “Badri and his team have done a tremendous job positioning the company for sustained profitability. I look forward to providing the financial leadership and management to help drive Enphase’s profitable top line growth strategy and create further shareholder value.”