On February 26, 2024, the Board of Directors of SunPower Corporation accepted the resignation of Peter Faricy, the Company?s Chief Executive Officer, effective as of February 26, 2024. On February 26, 2024, the Board appointed Thomas H. Werner, the Company?s Executive Chairman, to serve as the Company?s principal executive officer. Werner was recently named SunPower?s Executive Chairman of the Board.

He brings valuable institutional knowledge from his nearly 18 years of service as the company?s CEO and Chairman of the Board.