Appointed
Timothy Pohl
director
TPICQ ·
TPI COMPOSITES, INC
On May 8, 2025, the Board appointed Mr. Neal Goldman and Mr. Timothy Pohl to serve as directors on the Board.
Ready 8-Ks
50
Latest filing
March 9, 2026, 7:59 PM ET
Top materiality
1.00
Event mix
earnings ×15 · other_material ×14 · leadership ×13
Sentiment
2 pos · 21 neg · 27 neu
Latest earnings
▼ miss 2025-Q1
Executive change
recent →
Recent 8-K filings for TPICQ
Highest-materiality recent filing
TPI Composites files Chapter 11; secures $82.5M DIP financing from Oaktree; expects stock cancellation
- Filed voluntary Chapter 11 petitions on August 11, 2025; cases jointly administered in Southern District of Texas.
- Secured $82.5M DIP facility: $7.5M interim new money, up to $20M final new money, plus $55M roll-up of existing term loan.
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TPI Composites enters $20M asset sale agreement with ECP Blade Holdings in Chapter 11
ECP Blade Holdings to pay $20M cash for wind blade manufacturing assets in US and Mexico, plus assumption of liabilities.
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TPI Composites sells India/Mexico wind blade assets to Vestas for ~$24M; DIP default triggered
India asset sale to Vestas for $10M cash; closing subject to Bankruptcy Court approval by June 30, 2026.
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Director James A. Hughes resigns from TPI Composites board
James A. Hughes resigned from the Board on November 3, 2025.
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Sale closed Sept 10, 2025 after U.S. Bankruptcy Court approval; 2,700 Turkish employees transferred.
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TPI Composites to sell Turkish subsidiaries to XCS for debt assumption; no cash proceeds
Seller (TPI Holdings) transfers 100% of two Turkish units to XCS Composites for assumption of €92.9M total debt.
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Filed voluntary Chapter 11 petitions on August 11, 2025; cases jointly administered in Southern District of Texas.
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TPI Composites files Chapter 11; secures up to $82.5M DIP financing from Oaktree
Filed voluntary Chapter 11 petitions in Southern District of Texas to restructure balance sheet.
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TPI Composites approves $2.67M in retention bonuses for top executives
CEO William Siwek receives $1,225,459 retention bonus; CFO Ryan Miller $518,155.
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TPI Composites regains Nasdaq minimum bid price compliance
Received Nasdaq letter on May 31, 2025 confirming regained compliance with minimum bid price requirement.
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Net sales $336.2M (+14.3% YoY); net loss $48.3M improved from $60.9M loss in Q1 2024.
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Edward C. Hall and Jennifer Lowry resigned from TPI Composites board on May 8, 2025; no disagreements.
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TPI Composites receives Nasdaq deficiency notice for bid price below $1; 180 days to comply
Closing bid price below $1.00 for 30 consecutive business days triggers Nasdaq deficiency letter.
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TPI Composites extends director nomination deadline and standstill with investor group to May 30
Second Amendment extends director nomination deadline for 2025 annual meeting to May 30, 2025.
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TPI Composites extends 2025 annual meeting director nomination deadline to April 30
Director nomination notices for 2025 annual meeting now due by 5:00 p.m. MT on April 30, 2025.
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Deadline for director nominations extended to March 31, 2025; annual meeting not held before June 15, 2025.
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Q4 net sales $346.5M (+17.7%); net loss $49.1M (vs $14.6M net income in Q4 2023, impacted by $82.6M gain on extinguishment).
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TPI Composites announces restructuring in Türkiye, cutting 20% of workforce
Restructuring committed in December 2024 due to lower forecasted 2025 demand for wind blades exported to Europe.
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Jennifer Lowry appointed to TPI Composites Board, effective Nov 13, 2024
Jennifer Lowry appointed as Class III Director, term through 2025 annual meeting.
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Net sales $380.8M (+2.8% YoY); net loss from cont ops $38.6M vs $43.0M loss prior year.
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TPI Composites Q2 net sales $309.8M (-17.2%), adj EBITDA loss $24.9M; narrows 2024 margin guidance
Net loss from continuing ops $61.5M ($1.30 per share) vs $74.3M loss in prior year.
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TPI Composites to sell automotive unit for $1, expects $20M impairment charge
Sells automotive subsidiary to CCI for $1; closing expected June 30, 2024.
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TPI Composites annual meeting: two charter amendments fail despite majority support
Elected Giovacchini, Desai, Holloway, Hall as Class II directors with >21.8M votes each.
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TPI Composites Q1 net loss $61.8M, revenue down 26%; reaffirms FY2024 guidance
Net sales $299.1M, down 26.0% YoY; net loss from continuing ops $61.8M vs $30.3M loss in Q1 2023.
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Two TPI directors to retire; Ned Hall nominated to join board
Linda Hudson (since 2020) and Philip Deutch (since 2007) to retire effective after May 29, 2024 annual meeting.
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TPI Composites Chief Commercial Officer – Wind resigns effective March 15
Lance Marram steps down as Chief Commercial Officer – Wind to pursue other opportunities.
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TPI Composites Q4 2023 net income $11.6M, guides 2024 adjusted EBITDA margin 1-3%
Q4 2023 net sales $297.0M (down 26.2% YoY); net income $11.6M vs loss $41.9M in Q4 2022.
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TPI Composites director Andrew Moir resigns, appointed board observer
Andrew Moir resigned from TPI Composites board effective January 2, 2024, not due to any dispute or disagreement.
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TPI Composites refinances $436M preferred stock into $393M term loan; extends maturity to 2027
Converts $436M Series A Preferred Stock into $393M term loan and $43M exchanged for 3.9M common shares.
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TPI Composites appoints Charles Stroo as COO, Wind effective Nov 27
Charles Stroo previously VP of Power & Controls Operations at Collins Aerospace.
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TPI Composites Q3 loss deepens; FY23 sales guidance cut to ~$1.5B, EBITDA margin loss ~5%
Net loss from continuing ops $72.8M ($1.71/sh) vs loss $21.8M in Q3 2022.
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TPI Composites takes up to $23M charge after Proterra bankruptcy; guidance cut
Customer Proterra filed Chapter 11 and intends to reject bus body supply agreement with TPI.
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TPI Composites Q2 net loss widens to $80.8M; cuts 2023 sales guidance to $1.525-1.575B
Q2 net loss from continuing ops $80.8M ($1.90/share) vs $25.3M loss YoY.
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TPI Composites warns of Q2 net loss $78-83M, cuts FY 2023 revenue guidance to $1.525-1.575B
Preliminary Q2 2023 net sales ~$380M; net loss $78-83M; adjusted EBITDA loss $36-41M.
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TPI Composites President and COO - Wind Ramesh Gopalakrishnan departs July 18, 2023
Ramesh Gopalakrishnan's employment ended July 18, 2023; he was President and COO - Wind.
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TPI Composites annual meeting results: Directors elected, two governance amendments fail
Elected Steven Lockard, William Siwek, Philip Deutch as Class I directors for three-year terms.
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TPI Composites Q1 net loss widens to $37.3M; sales up 17.6% to $404M
Net loss attributable to common stockholders $37.3M ($0.88 per share) vs $29.9M loss a year ago.
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TPI Composites issues $132.5M of 5.25% convertible notes due 2028; conversion premium 30%
Issued $132.5M aggregate principal of 5.25% Convertible Senior Notes due 2028, including $17.5M from full exercise of initial purchasers' option.
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Q4 net sales from continuing and discontinued ops $461.8M (+18.6% YoY); net loss attributable to common $57.8M ($1.38 loss per share).
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TPI Composites announces restructuring plan, to close China factory and cut 18% of workforce
Ceasing production at Yangzhou, China facility; global headcount reduction of ~18%.
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TPI Q3 net loss $1.5M, Adj EBITDA $16.4M; plans China plant closure, strategic deals with Vestas, GE
Net sales $459.3M (-4.2% YoY); net loss improved to $1.5M from $30.7M; diluted EPS -$0.39.
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TPI Composites Q2 net loss narrows to $5.5M; free cash flow of $19.4M
Net sales down 1.4% YoY to $452.4M; net loss improved to $5.5M from $39.8M loss in Q2 2021.
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Andrew Moir appointed to TPI Composites Board, replacing Oaktree representative Peter Jonna
Andrew Moir appointed to TPI Composites Board on June 15, 2022, as Class III director with term until 2025 annual meeting.
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Director Peter Jonna resigns from TPI Composites Board effective June 10, 2022
Peter Jonna notified his resignation from the Board, effective June 10, 2022.
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TPI Composites shareholder vote: board declassification fails; all directors elected
Directors Hughes, Jordan, and Jonna elected to Class III with 13.0M, 10.8M, and 22.5M votes for, respectively.
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TPI Composites appoints Ryan Miller as CFO effective May 23, 2022
Ryan Miller, former VP & CFO of Collins Aerospace Avionics Division, named CFO.
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Board approved amendment to bylaws implementing majority voting for uncontested director elections, effective Jan 1, 2023.
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TPI Composites Q1 net loss widens to $29.9M; revenue down 5% YoY
Net sales $384.9M, down 4.9% YoY; net loss to common $29.9M vs loss $1.8M YoY (diluted EPS -$0.71 vs -$0.05).
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TPI Composites directors Jack Henry and Daniel Weiss to retire at 2022 annual meeting
Jack Henry (director since 2008) and Daniel Weiss (director since 2009) notified board of retirement.
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TPI Composites Q4 2021 net loss $93.3M, adj. EBITDA -$28.3M; full-year loss $165.6M
Q4 net sales $389.5M, down 16.3% YoY; wind blade sales fell 18.7% to $362.3M.
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TPI Composites appoints Oaktree managing director Peter Jonna to board
Peter Jonna appointed as Class III Director on December 22, 2021, term expiring at 2022 annual meeting.
Executive changes
Departed
Jennifer Lowry
director
TPICQ ·
TPI COMPOSITES, INC
On May 8, 2025, Edward C. Hall and Jennifer Lowry resigned from the board of directors (the “Board”) of TPI Composites, Inc.
Appointed
Neal Goldman
director
TPICQ ·
TPI COMPOSITES, INC
On May 8, 2025, the Board appointed Mr. Neal Goldman and Mr. Timothy Pohl to serve as directors on the Board.
Departed
Edward C. Hall
director
TPICQ ·
TPI COMPOSITES, INC
On May 8, 2025, Edward C. Hall and Jennifer Lowry resigned from the board of directors (the “Board”) of TPI Composites, Inc.
Appointed
Jennifer Lowry
Director
TPICQ ·
TPI COMPOSITES, INC
On November 7, 2024, TPI Composites, Inc. (the Company) announced that Jennifer Lowry will be appointed to its Board of Directors (the Board), effective as of November 13, 2024.
Departed
Jerry Lavine
President, Automotive
TPICQ ·
TPI COMPOSITES, INC
Jerry Lavine, the Company’s current President, Automotive and a named executive officer accepted an offer of employment from CCI and in connection therewith will be deemed to have resigned effective as of the Closing Date and is discharged from his duties with the Company effective as of the Closing Date.
Departed
Linda Hudson
Director
TPICQ ·
TPI COMPOSITES, INC
On April 5, 2024, Linda Hudson and Philip Deutch each notified TPI Composites, Inc. (the “Company”) of their decisions to retire and not to stand for re-election to the Board of Directors (the “Board”) of the Company at the 2024 Annual Meeting of Stockholders (the “Annual Meeting”).
Appointed
Edward "Ned" Hall
Class II Director
TPICQ ·
TPI COMPOSITES, INC
On April 9, 2024, the Company announced that Edward “Ned” Hall has been nominated to stand for election as a Class II director at the Annual Meeting to fill one of the vacancies created by the retirements of Ms. Hudson and Mr. Deutch.
Departed
Philip Deutch
Director
TPICQ ·
TPI COMPOSITES, INC
On April 5, 2024, Linda Hudson and Philip Deutch each notified TPI Composites, Inc. (the “Company”) of their decisions to retire and not to stand for re-election to the Board of Directors (the “Board”) of the Company at the 2024 Annual Meeting of Stockholders (the “Annual Meeting”).
Departed
Lance Marram
Chief Commercial Officer – Wind
TPICQ ·
TPI COMPOSITES, INC
On March 6, 2024, Lance Marram notified TPI Composites, Inc. (the “Company”) of his decision to resign from his position as Chief Commercial Officer – Wind of the Company, effective March 15, 2024, to pursue other business opportunities.
Departed
Andrew Moir
member of the board of directors
TPICQ ·
TPI COMPOSITES, INC
On January 2, 2024, Andrew Moir notified TPI Composites, Inc. (the “Company”) of his resignation as a member of the Company’s board of directors, effective immediately.
Appointed
Andrew Moir
board observer
TPICQ ·
TPI COMPOSITES, INC
Following his resignation, Mr. Moir will be appointed to a board observer role.
Earnings & guidance
Materiality & sentiment trend
Max materiality 1.00 · Median 0.68 · Most common event earnings