SAN JOSE, Calif., April 12, 2021 /PRNewswire/ -- SunPower
Corporation (NASDAQ: SPWR) today announced seasoned legal leader
Regan MacPherson as its new
executive vice president and chief legal officer. She brings more
than 20 years of legal expertise to SunPower, including work in
corporate law and governance, mergers and acquisitions, securities
and transactional work and managing legal risk while achieving
business objectives. MacPherson replaces Ken Mahaffey who has decided to leave the
company to pursue other opportunities.
"For the past 14 years, Ken has had a significant role in all
our transactions – small and large – that have helped to shape the
SunPower we are today," said Tom
Werner, SunPower CEO and chairman of the board. "I
appreciate and am indebted to Ken for his commitment to the company
and his many contributions."
MacPherson, who joins SunPower on April
19, most recently served as senior vice president, chief
legal and compliance officer and corporate secretary at Quantum
Corporation (NASDQ:QMCO). Prior to Quantum, she was chief
compliance officer at Marvell Semiconductor and before that, spent
12 years at Seagate Technology where she served in a number of
progressive roles, culminating in senior vice president and general
"Regan has a wide-breadth of corporate legal and business
expertise that will be of great benefit to SunPower, especially as
we enter a new era of energy solutions and services for our
customers," Werner said. "Our executive leadership team will also
benefit from a diverse voice and perspective."
"I'm pleased to join SunPower, especially as it continues to
focus on bringing solar, storage and services to more consumers
across the U.S.," said Regan
MacPherson, newly-named SunPower executive vice president
and chief legal officer. "This opportunity perfectly blends my
legal experience with my passion for renewables and being able to
touch society in impactful ways."
MacPherson earned her law degree from Southwestern Law School
and her Bachelor of Arts in Political Science from San Francisco State University.
Headquartered in California's Silicon Valley, SunPower
(NASDAQ:SPWR) is a leading Distributed Generation Storage and
Energy Services provider in North America. SunPower offers the
only solar + storage solution designed and warranted by one company
that gives customers control over electricity consumption and
resiliency during power outages while providing cost savings to
homeowners, businesses, governments, schools and utilities. For
more information, visit www.sunpower.com.
This press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including, but
not limited to, statements regarding our future areas of focus and
expectations for our business. These forward-looking statements are
based on our current assumptions, expectations and beliefs and
involve substantial risks and uncertainties that may cause results,
performance or achievement to materially differ from those
expressed or implied by these forward-looking statements. Factors
that could cause or contribute to such differences include, but are
not limited to, competition in the solar and general energy
industry and downward pressure on selling prices and wholesale
energy pricing, and regulatory changes and the availability of
economic incentives promoting use of solar energy. A detailed
discussion of these factors and other risks that affect our
business is included in filings we make with the Securities and
Exchange Commission (SEC) from time to time, including our most
recent report on Form 10-K, particularly under the heading "Risk
Factors." Copies of these filings are available online from
the SEC or on the SEC Filings section of our Investor Relations
website at investors.sunpower.com. All forward-looking statements
in this press release are based on information currently available
to us, and we assume no obligation to update these forward-looking
statements in light of new information or future events.
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the SUNPOWER logo are trademarks or registered trademarks of
SunPower Corporation in the U.S. All other logos and trademarks are
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SOURCE SunPower Corp.