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SunPower Announces HP Veteran As New Board Member

SAN JOSE, Calif., June 10, 2013 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR) today announced the appointment of Catherine A. (Cathie) Lesjak, a 27-year veteran of HP, as a new, independent member of the SunPower's board of directors. The appointment is effective immediately.

Lesjak currently serves as executive vice president and chief financial officer at HP, a position she has held since early 2007. Before being named CFO, she was senior vice president and treasurer, responsible for managing the company's worldwide cash, debt, foreign exchange, capital structure, risk management and benefits plan administration. Also at HP, she managed financial operations for the Software Global Business Unit, was group controller for its Software Solutions Organization, managed global channel credit risk and was the credit manager for the Commercial Customer Organization.

"Cathie brings extensive financial, management and technology experience to our board of directors," said Tom Werner, SunPower president and CEO. "We welcome her insights and expertise as SunPower continues its evolution as a leading global energy solutions company with superior technology."

Lesjak has a bachelor's degree in biology from Stanford University and a master of business degree in finance from the University of California, Berkeley.

About SunPower SunPower Corp. (NASDAQ: SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company's quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia, Africa and Asia. For more information, visit www.SunPowercorp.com.

SunPower is a registered trademark of SunPower Corp. All other trademarks are the property of their respective owners.

SOURCE SunPower Corp.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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