SunPower CEO Peter Faricy Departs; Executive Chairman Tom Werner Takes Over as PEO

SUNPOWER CORP

Peter Faricy resigned as CEO and director effective February 26, 2024; severance per Separation Agreement.
Thomas H. Werner, Executive Chairman, appointed as principal executive officer.
Nathalie Portes-Laville resigned as director effective immediately; no disagreement with SunPower.
Board established Office of the Chairman led by Werner, including CFO and Chief Legal Officer.
Company conducting a comprehensive search for a permanent CEO.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Thomas H. Werner

Principal Executive Officer

SUNPOWER CORP

Effective: 2024-02-26
Filed: February 27, 2024, 6:59 PM ET

On February 26, 2024, the Board appointed Thomas H. Werner, the Company’s Executive Chairman, to serve as the Company’s principal executive officer.

Departed

Peter Faricy

Chief Executive Officer

SUNPOWER CORP

Effective: 2024-02-26
Filed: February 27, 2024, 6:59 PM ET

On February 26, 2024, the Board of Directors (the “Board”) of SunPower Corporation (the “Company”) accepted the resignation of Peter Faricy, the Company’s Chief Executive Officer and principal executive officer, effective as of February 26, 2024.

Departed

Nathalie Portes-Laville

Director

SUNPOWER CORP

Effective: 2024-02-26
Filed: February 27, 2024, 6:59 PM ET

On February 26, 2024, Nathalie Portes-Laville notified the Company of her intent to resign as a member of the Board, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas H. Werner was appointed as Principal Executive Officer at SUNPOWER CORP.

Action: appointed
Role: Principal Executive Officer

Exact text from the filing

On February 26, 2024, the Board appointed Thomas H. Werner, the Company’s Executive Chairman, to serve as the Company’s principal executive officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Faricy resigned as Chief Executive Officer at SUNPOWER CORP.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On February 26, 2024, the Board of Directors (the “Board”) of SunPower Corporation (the “Company”) accepted the resignation of Peter Faricy, the Company’s Chief Executive Officer and principal executive officer, effective as of February 26, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nathalie Portes-Laville resigned as Director at SUNPOWER CORP.

Action: resigned
Role: Director

Exact text from the filing

On February 26, 2024, Nathalie Portes-Laville notified the Company of her intent to resign as a member of the Board, effective immediately.

View on SEC.gov

Source: SEC EDGAR

accession 0000867773-24-000021

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