Nextracker appoints Monica Karuturi and Mark Menezes to Board of Directors

Nextpower Inc.

Board expanded from 9 to 11 directors; Karuturi (Class III) and Menezes (Class I) appointed effective June 17, 2025.
Monica Karuturi is EVP & General Counsel at CenterPoint Energy; will serve on Compensation Committee.
Mark Menezes is President & CEO of USEA and former Deputy Secretary of DOE; will serve on Nominating Committee.
Each appointee receives annual cash retainer and $150K RSU grant; Karuturi $77,500 cash, Menezes $70,000 cash, prorated initially.
Both directors qualified as independent under Nasdaq listing rules.

item 5.02

Executive movements

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Appointed

Monica Karuturi

director

NXT · Nextpower Inc.

Effective: 2025-06-17
Filed: June 18, 2025, 7:59 PM ET

On June 17, 2025, the Board of Directors (the “ Board ”) of Nextracker Inc. (the “ Company ”) increased the number of directors serving on the Board from nine to eleven and appointed Monica Karuturi and Mark Menezes to serve as directors of the Company.

Appointed

Mark Menezes

director

NXT · Nextpower Inc.

Effective: 2025-06-17
Filed: June 18, 2025, 7:59 PM ET

On June 17, 2025, the Board of Directors (the “ Board ”) of Nextracker Inc. (the “ Company ”) increased the number of directors serving on the Board from nine to eleven and appointed Monica Karuturi and Mark Menezes to serve as directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Monica Karuturi was appointed as director at Nextpower Inc..

Action: appointed
Role: director

Exact text from the filing

On June 17, 2025, the Board of Directors (the “ Board ”) of Nextracker Inc. (the “ Company ”) increased the number of directors serving on the Board from nine to eleven and appointed Monica Karuturi and Mark Menezes to serve as directors of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Menezes was appointed as director at Nextpower Inc..

Action: appointed
Role: director

Exact text from the filing

On June 17, 2025, the Board of Directors (the “ Board ”) of Nextracker Inc. (the “ Company ”) increased the number of directors serving on the Board from nine to eleven and appointed Monica Karuturi and Mark Menezes to serve as directors of the Company.

View on SEC.gov

Nextpower Inc. filing history →

Source: SEC EDGAR

accession 0001852131-25-000028

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