SunPower CEO retiring; company to boost customer focus under ex-Amazon exec [Reuters]
SunPower Corporation (SPWR)
Last sunpower corporation earnings: 2/12 04:05 pm
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Source: Reuters
By Nichola Groom 3 Min Read (Reuters) -U.S. solar panel maker SunPower Corp said on Thursday Chief Executive Tom Werner will retire after 18 years with the company, and will be succeeded by former Amazon.com Inc executive Peter Faricy. Shares of the company fell 3% at the departure of Werner, an industry pioneer who said solar panels were only associated with “fringe environmentalists and off-gridders” when he became CEO in 2003. SunPower became a public company in 2005, sold a majority stake to French energy giant Total SA in 2011 and completed the spin-off of its solar panel manufacturing operations into a new company, Maxeon Solar Technologies, last year. For its next chapter, SunPower is seeking to improve its customer experience and marketing efforts as rooftop solar adoption increases and integrates with battery storage and electric vehicles. “We’re anticipating what’s best for the company for the future,” Werner said in an interview, noting that he had said previously that he
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SPWR
Earnings
- 2/15/24 - Miss
SPWR
Sec Filings
- 3/27/24 - Form 144
- 3/26/24 - Form 144
- 3/25/24 - Form 144
- SPWR's page on the SEC website