Nextracker appoints Chuck Boynton as CFO; David Bennett moves to CAO

Nextpower Inc.

Charles Boynton named CFO effective May 2024; David Bennett becomes Chief Accounting Officer.
Boynton resigns from board and audit committee; Brandi Thomas becomes audit chair, Steven Mandel joins.
Compensation: base salary $600k, target bonus 90%, annual equity target $6M, sign-on cash $2M, sign-on RSUs $6.5M.
Boynton has 30+ years finance experience, previously CFO at Logitech, SunPower, Plantronics.

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.

Role change

David Bennett

Chief Accounting Officer

NXT · Nextpower Inc.

Successor: Charles Boynton
Filed: March 18, 2024, 7:59 PM ET

David Bennett will step down as Chief Financial Officer and will continue to serve the Company as its Chief Accounting Officer

Departed

Charles Boynton

Director

NXT · Nextpower Inc.

Effective: 2024-03-15
Filed: March 18, 2024, 7:59 PM ET

Mr. Boynton has resigned from the Board of the Company, effective immediately.

Appointed

Charles Boynton

Chief Financial Officer

NXT · Nextpower Inc.

Filed: March 18, 2024, 7:59 PM ET

appointed Charles “Chuck” Boynton as the Company’s Chief Financial Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Bennett changed role as Chief Accounting Officer at Nextpower Inc..

Action: stepped down as CFO and will serve as CAO
Role: Chief Accounting Officer

Exact text from the filing

David Bennett will step down as Chief Financial Officer and will continue to serve the Company as its Chief Accounting Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Boynton resigned as Director at Nextpower Inc..

Action: resigned
Role: Director

Exact text from the filing

Mr. Boynton has resigned from the Board of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Boynton was appointed as Chief Financial Officer at Nextpower Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

appointed Charles “Chuck” Boynton as the Company’s Chief Financial Officer

View on SEC.gov

Nextpower Inc. filing history →

Source: SEC EDGAR

accession 0000950103-24-003920

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