SunPower announced the departure of CEO Peter Faricy, effective February 26, 2024, marking a significant shift in leadership for the struggling residential solar technology and energy services provider. SunPower is currently engaged in a thorough search process to identify a permanent CEO.
In the interim, SunPower’s Board has taken measures to ensure continuity and effective governance by establishing an Office of the Chairman. This interim leadership team is spearheaded by Tom Werner, who serves as the Executive Chairman of the Board and has been appointed as the Principal Executive Officer.
Assisting Tom Werner are key executives including Elizabeth Eby, Chief Financial Officer, and Eileen Evans, Chief Legal Officer, alongside other members of the Executive Leadership Team.
Following a recent capital raise, SunPower aims to fortify its core operations and pursue sustainable growth strategies.