Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. OnMarch 27, 2020 ,Antoine Larenaudie resigned from the Board of Directors (the "Board") ofSunPower Corporation , aDelaware corporation (the "Company"), and onMarch 31, 2020 , the Board appointedDenis Toulouse to serve as a member of the Board.Mr. Larenaudie had served as a designee of Total SolarINTL SAS , formerly known asTotal Gas & Power USA , SAS ("Total Solar," an affiliate ofTotal S.A. or "Total"), pursuant to the Affiliation Agreement, datedApril 28, 2011 , as amended, between Total Solar and the Company, andMr. Toulouse is replacingMr. Larenaudie as Total Solar's designee on the Board.Mr. Toulouse has served as senior vice president, corporate & project finance, of Total inParis sinceApril 2019 . He previously served as senior vice president, mergers & acquisitions, of Total inParis starting in 2016. From 2015 to 2016,Mr. Toulouse was chief financial officer ofTotal Gas & Power Ltd. inLondon .Mr. Toulouse joined Elf Aquitaine S.A.S. in 1991, prior to its acquisition by Total, and held various positions in the marketing division of Total, including chief financial officer of Total Deutschland inGermany and chief financial officer of Total Belgium inBelgium .Mr. Toulouse is a graduate of HEC Paris business school inFrance .Mr. Toulouse serves as a Class I director, to serve until the Company's annual meeting of stockholders to be held in 2021.
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