SunPower Announces CEO Transition
Board establishes Office of the Chairman to lead business operations as Peter Faricy departs
Board is conducting a comprehensive CEO search
RICHMOND, Calif., Feb. 27, 2024 /PRNewswire/ — SunPower Corp. (NASDAQ: SPWR), (the “Company” or “SunPower”), a leading residential solar technology and energy services provider, today announced that Chief Executive Officer (CEO) Peter Faricy has departed the Company, effective February 26, 2024. The Board is conducting a comprehensive search process to identify a permanent CEO. Until a successor is named, the Board has established an Office of the Chairman, led by Tom Werner, Executive Chairman of the Board and newly appointed Principal Executive Officer; and includes Elizabeth Eby, Chief Financial Officer; Eileen Evans, Chief Legal Officer; and other key members of the Executive Leadership Team.