Sunpower promotes senior finance manager to CFO as M&S disposal sees departure of CFO, CIO

Pursuant to the disposal of its manufacturing and services (M&S) business, Sunpower Group has announced the departure of select employees, including its CFO and Chief Investment Officer.

Sunpower is divesting its subsidiary Sunpower Technology (Jiangsu) Co to Nanjing Sunpower Holdings Co, a special purpose vehicle held by a consortium of China funds, the group’s two largest shareholders, Guo Hong Xin and Ma Ming, as well as certain employees of the M&S segment.