SunPower names Wendell Laidley as CFO, shares down

Shares of solar company SunPower SPWR.O falls about 3% to $1.50

Co names Wendell Laidley as chief financial officer

CEO T.J. Rodgers says the CFO search took about a year, as they sought a candidate with Silicon Valley experience, willingness to relocate to Salt Lake City, and solar industry background

Near-term focus is systems integration, with Laidley tasked to consolidate multiple inherited ERP/software platforms to streamline financial reporting and processes

In 2025, SPWR was down 12.3%