SunPower Inc. 8-K

What Happened
SunPower Inc. announced on Feb 2, 2026 that Wendell Laidley has been appointed Chief Financial Officer and Principal Financial Officer, effective Feb 2, 2026. Interim CFO Jeanne Nguyen resigned from the interim CFO role on Feb 2, 2026 but will remain with the company as Chief Accounting Officer. The company entered into an offer letter with Mr. Laidley on Feb 1, 2026.

Key Details

• Annual base salary: $400,000.
• Annual target bonus: 50% of base salary.
• Equity grant: 1,200,000 restricted stock units (RSUs); first 20% subject to a 12‑month cliff, remainder vesting ratably over the following four years.
• Mr. Laidley, age 56, has 30+ years of finance/accounting experience, including prior CFO roles at Lumio and Life360; no related-party or familial disclosures were reported.

Why It Matters
A permanent CFO appointment can affect investor confidence in financial leadership and reporting continuity. Compensation and equity details show SunPower’s incentives for the new CFO and potential future dilution timing tied to RSU vesting. Jeanne Nguyen staying on as Chief Accounting Officer keeps continuity in accounting functions during the management transition.