SunPower Corp. has hired Navneet Govil as vice president and treasurer. In this role, Govil will lead SunPower's treasury and foreign exchange activities, credit risk management, capital structure planning and banking relationships. He will also be responsible for planning and directing insurance activities, as well as stock administration.
Prior to joining SunPower, Govil served in several capacities during his eight-year tenure at Sun Microsystems, most recently as controller for its microelectronics group. He also served as assistant treasurer responsible for capital markets, cash management and stock plan administration, and had responsibility for foreign exchange and risk management activities.
Previously, Govil worked in the international treasury group at Hewlett-Packard, where he managed and hedged global foreign currency balance-sheet exposures of more than $40 billion annually. Govil also held finance positions at Pfizer and Fortistar Capital.
SOURCE: SunPower Corp.