SunPower (SPWR) Terminates COO Jennifer Johnston

On May 21, 2024, the Board of Directors of SunPower (NASDAQ: SPWR) terminated the employment of Jennifer Johnston, the Executive Vice President and Chief Operating Officer of the Company, effective as of June 7, 2024. In connection with her termination of employment, Ms. Johnston will be eligible to receive severance amounts and benefits in accordance with the terms of the Amended and Restated 2023 Management Career Transition Plan, which is filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 18, 2023.

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