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SunPower CEO retiring; company to boost customer focus under ex-Amazon exec

Mar 25, 2021 - Nasdaq
Board and Executive Moves-Financial Results

By March 25 (Reuters) - U.S. solar panel maker SunPower Corp SPWR.Osaid on Thursday Chief Executive Tom Werner will retire after 18 years with the company, and will be succeeded by former Amazon.com Inc AMZN.O 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 stak...