SunPower’s Former CEO Werner Returns as Executive Chairman (1)

Former SunPower Corp. chief executive officer Tom Werner has returned to the company as executive chair, just days after the struggling solar installer received a much-needed financial boost from its biggest shareholders.

Werner spent almost 18 years at the company and took up his new duties Monday, according to a statement. Under Werner, SunPower was known for supplying some of the best solar panels in the industry, but he stepped down in 2021 after engineering the spinoff of its manufacturing operations to focus on rooftop power installations. He was succeeded as CEO by Peter Faricy, who remains ...