SunPower Reorganizing Executive Board, Restructuring Company

SunPower Corp. is implementing a reorganization that the company says will allow it to align its businesses and cost structure with expected market conditions in 2012 and beyond.

Howard Wenger will assume the title of president of regions, Jack Peurach will assume the title of executive vice president of products, and Marty Neese will remain chief operating officer, with expanded responsibilities.

In addition, chief financial officer Dennis Arriola will be leaving the company in March 2012, and Jim Pape, president of residential and commercial business, will be leaving the company this month.


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