---
schema_version: "secwatch.filing_event.v1"
accession: "0000867773-24-000021"
form_type: "8-K"
ticker: null
cik: "0000867773"
company_name: "SUNPOWER CORP"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T13:47:16.339222+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000867773-24-000021
- form_type: 8-K
- cik: 0000867773
- company_name: SUNPOWER CORP
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/867773/000086777324000021/0000867773-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/867773/000086777324000021/spwr-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000867773-24-000021
- JSON: https://secwatch.observer/filing/0000867773-24-000021.json
- Plain text: https://secwatch.observer/filing/0000867773-24-000021.txt

## Key facts
- Executive change
  Thomas H. Werner was appointed as Principal Executive Officer at SUNPOWER CORP.
  - Action: appointed
  - Role: Principal Executive Officer
  source text: On February 26, 2024, the Board appointed Thomas H. Werner, the Company’s Executive Chairman, to serve as the Company’s principal executive officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/867773/000086777324000021/0000867773-24-000021-index.htm
- Executive change
  Peter Faricy resigned as Chief Executive Officer at SUNPOWER CORP.
  - Action: resigned
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/867773/000086777324000021/0000867773-24-000021-index.htm
- Executive change
  Nathalie Portes-Laville resigned as Director at SUNPOWER CORP.
  - Action: resigned
  - Role: Director
  source text: On February 26, 2024, Nathalie Portes-Laville notified the Company of her intent to resign as a member of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/867773/000086777324000021/0000867773-24-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.