SYM SYMBOTIC INC

Eric Branderiz Joins Symbotic’s Board of Directors

Eric Branderiz Joins Symbotic’s Board of Directors

Seasoned CFO brings deep experience of high-growth environments in industrial technology, and finance and accounting leadership in sophisticated global manufacturing organizations

WILMINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: ), a leader in A.I.-enabled robotics technology for the supply chain, today announced the election of Eric Branderiz to its Board of Directors, effective May 14, 2025.

Mr. Branderiz joins Symbotic’s Board following a nearly 30-year career in public and private company finance and accounting, including in high-growth environments in industrial technology. Most recently, he served as Executive Vice President and Chief Financial Officer at Enphase Energy. Prior to Enphase Energy, Mr. Branderiz was Vice President, Corporate Controller and Chief Accounting Officer at Tesla. He has held senior finance and accounting roles at SunPower Corporation, Knowledge Universe Corporation, Spansion and Advanced Micro Devices, after beginning his career at Ernst & Young.

“On behalf of the Board, I am thrilled to welcome Eric to Symbotic,” said Rick Cohen, Chairman and CEO of Symbotic. “Eric brings deep financial expertise and a track record of success, guiding companies through critical stages of growth and playing a pivotal role in helping newly public organizations to achieve significantly greater scale. I look forward to working with him as we continue bringing our cutting-edge robotics and A.I.-powered automation technology to diverse customers and settings globally.”

“I’m honored to join Symbotic’s Board at such an exciting point in the company’s trajectory,” said Mr. Branderiz. “Symbotic is a leader in its field with one-of-a-kind automation technology, and I look forward to leveraging my experience at growth-oriented technology companies to support Symbotic’s continued innovation and its rapid momentum.”

Mr. Branderiz currently serves on the Board of Directors of Cognizant Technology Solutions Corporation and Fortive Corporation. He is a Certified Public Accountant in California, and received his bachelor’s degree in Business Commerce with an emphasis on Accounting from The University of Alberta.

About Symbotic

Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit .

Media Contact

Investor Contact

Charlie Anderson

Vice President, Investor Relations & Corporate Development



EN
15/05/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SYMBOTIC INC

 PRESS RELEASE

Eric Branderiz Joins Symbotic’s Board of Directors

Eric Branderiz Joins Symbotic’s Board of Directors Seasoned CFO brings deep experience of high-growth environments in industrial technology, and finance and accounting leadership in sophisticated global manufacturing organizations WILMINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: ), a leader in A.I.-enabled robotics technology for the supply chain, today announced the election of Eric Branderiz to its Board of Directors, effective May 14, 2025. Mr. Branderiz joins Symbotic’s Board following a nearly 30-year career in public and private company finance and accounting, includ...

 PRESS RELEASE

Symbotic Reports Second Quarter Fiscal Year 2025 Results

Symbotic Reports Second Quarter Fiscal Year 2025 Results WILMINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its second quarter of fiscal year 2025, which ended on March 29, 2025. Symbotic posted revenue of $550 million, a net loss of $21 million and adjusted EBITDA1 of $35 million for the second quarter of fiscal year 2025. By comparison, in the second quarter of fiscal year 2024, Symbotic had revenue of $393 million, a net loss of $55 million and adjusted EBIT...

 PRESS RELEASE

Symbotic Announces Date for Reporting Second Quarter Fiscal 2025 Finan...

Symbotic Announces Date for Reporting Second Quarter Fiscal 2025 Financial Results WILMINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: ), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release second quarter fiscal 2025 financial results after the market close on Wednesday, May 7, 2025. The press release will also be available on the Symbotic Investor Relations website: . The company will host a live webcast to discuss its financial results for the quarter at 5:00 p.m. ET on the same date. To listen to the live webcast, register at ...

 PRESS RELEASE

Symbotic Reports First Quarter Fiscal Year 2025 Results

Symbotic Reports First Quarter Fiscal Year 2025 Results WILMINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first fiscal quarter of 2025, ended December 28, 2024. Symbotic posted revenue of $487 million, a net loss of $19 million and adjusted EBITDA1 of $18 million for the first quarter of fiscal 2025. In the first quarter of fiscal 2024, Symbotic had revenue of $360 million, a net loss of $19 million and adjusted EBITDA1 of $8 million. Cash and cash equival...

 PRESS RELEASE

Symbotic Completes Acquisition of Walmart’s Advanced Systems and Robot...

Symbotic Completes Acquisition of Walmart’s Advanced Systems and Robotics Business and Signs Related Commercial Agreement WILMINGTON, Mass., Jan. 28, 2025 (GLOBE NEWSWIRE) --   (Nasdaq: ), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has both completed the acquisition of the Advanced Systems and Robotics business from Walmart (NYSE: WMT) and signed the related commercial agreement with Walmart covering the development and deployment of automation systems for Accelerated Pickup and Delivery centers (“APDs”) at Walmart stores (the “Commercial Agreeme...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch