Company Analysis

Enphase Energy, Inc. (ENPH)

Nasdaq: ENPH · Semiconductors & Related Devices · Fremont, CA · filing with the SEC since 2009
Grade5.2
◀ Past 5.3● Present 5.8▶ Future 4.2

Who runs Enphase Energy, Inc.

Officers and directors as they report to the SEC on Forms 3, 4 and 5, named as filed
Chief executive, as filed
Kothandaraman Badrinarayanan
President & CEO. First filing Apr 2017, latest Nov 2, 2026, 38 filings in all.
Officers reporting now
3
of 10 people with a filing in the last fifteen months
Directors reporting now
7
18 people on the record since 2012
In the company's own wordswritten from its filings, read Sep 20, 2026

Badrinarayanan Kothandaraman has run Enphase as president and chief executive since September 2017. He joined in April 2017 as chief operating officer after a career at Cypress Semiconductor that began in 1995 and ended with him running its data communications division as executive vice president. Mandy Yang, the only other executive officer, has been chief financial officer since February 2022 and an executive vice president since January 2024; she joined in October 2018 as chief accounting officer, from a group controller post at Tesla, and earlier worked at SunPower Corporation. 1234

Steven J. Gomo, chief financial officer of NetApp until December 2011, has been a director since March 2011 and is the independent chair. The other outside directors are Benjamin Kortlang (since May 2010), a partner at the venture firm G2VP; Richard Mora (since February 2014), a former chief executive of Landis+Gyr; Thurman John Rodgers (since January 2017), who founded Cypress Semiconductor; Joseph Malchow (since February 2020), a venture investor; and Jamie Haenggi (since August 2020), a former president of ADT Solar. At the 2025 annual meeting Rodgers did not win a majority of the votes cast but was elected under plurality voting. Shanker Trivedi began filing as a director in June 2026. 56789101112131415

Two directors are tied to SunPower Inc., a company Enphase does business with: Rodgers has been its chief executive since April 2024 and Haenggi has sat on its board since May 2025. Since the start of 2025 Enphase has received about $634,000 in payments from SunPower, and in September 2025 it paid $6.3 million for $7.0 million of SunPower convertible notes on the same terms as other investors. BlackRock owns 14.0% of Enphase; the directors and executive officers together own 2.9%. 111316171819

Enphase had 2,872 full-time employees at the end of 2025: 1,300 in sales and marketing, 1,081 in research and development, 254 in general and administration, 148 in manufacturing and 89 in solar design and permitting services. By country, 1,743 worked in India, where it does most of its research and development, procurement, customer support and back-office work, 717 in the United States, 202 in Europe and 133 in New Zealand. None belong to a union, though its staff in France are covered by a collective bargaining agreement. 202122

Sources (22)
Officerssales are open-market, Nov 12, 2025 to Nov 12, 2026
NameTitle as filedFirst filingLatest filingSales, 12 months
Kothandaraman BadrinarayananPresident & CEOApr 2017Nov 2, 2026none
Yang MandyEVP, Chief Financial OfficerOct 2018Mar 12, 20261 · $200,000
Erginsoy MaryVP, Chief Accounting OfficerMay 2024Mar 3, 2026none
Directorssales are open-market, Nov 12, 2025 to Nov 12, 2026
NameRoleFirst filingLatest filingSales, 12 months
Rodgers Thurman JdirectorJan 2017Nov 12, 20263 · $19.1M
Trivedi ShankerdirectorJun 2026Nov 3, 2026none
Mora RicharddirectorFeb 2014Aug 14, 20265 · $300,000
Gomo Steven JdirectorMar 2012May 15, 2026none
Haenggi Jamie ElizabethdirectorAug 2020May 15, 2026none
Kortlang Benjamin JohndirectorMar 2012May 15, 2026none
Malchow Joseph IandirectorMar 2020May 15, 2026none
Earlier names on the record10, newest filing first

A person is listed as reporting now after a filing in the last fifteen months. The record shows when someone last filed; it does not say why they stopped. Each name links to the filings on sec.gov.

SI Assistanton ENPH · research, not advice