SINGAPORE, April 1,
2024 /PRNewswire/ -- Maxeon Solar Technologies, Ltd.
(NASDAQ: MAXN), a global leader in solar innovation and channels,
today announced the appointment of Vikas
Desai as Chief Commercial Officer, effective immediately.
Desai joined Maxeon in October last year, as part of the Solaria
asset acquisition and will now be responsible for the Company's
global go-to-market and customer-facing functions. As a member of
the executive leadership team, he will report directly to CEO
Bill Mulligan.
"Vikas is a respected solar industry veteran with an extensive
track record of creating trusted partnerships that drive successful
channel growth and deliver enhanced value to customers and
partners," said Bill Mulligan,
Maxeon CEO. "Since joining Maxeon, he has been successfully
building our U.S. channel, and now in his expanded role will
further strengthen our brand and the value proposition of our
solutions to grow all our commercial activities globally."
A solar energy and technology executive with over twenty years'
experience, Desai has built and scaled multiple global businesses
spanning hardware and software for both B2B and B2C. He came to
Maxeon with the Company's acquisition of assets from Complete
Solaria in October 2023, where he had
served as President. Previously, he has held leadership roles at
Powerside, Flextronics, SunEdison, SunPower, EchoFirst and other
technology companies.
"Maxeon clearly has the best solar products in the industry, and
I'm excited about the opportunity to elevate us to the number one
brand with channel partners, distributors, and developers in all
our markets worldwide. We are committed to driving technology
innovation as well as building a trusted ecosystem that delivers
the best solar customer experience, and enabling partner success
with programs and platforms that make Maxeon their partner of
choice."
Vikas is based at Maxeon's corporate office in San Jose, CA.
About Maxeon Solar Technologies
Maxeon Solar
Technologies (NASDAQ: MAXN) is Powering Positive Change™.
Headquartered in Singapore, Maxeon
leverages over 35 years of solar energy leadership and over 1,650
patents to design innovative and sustainably made solar panels and
energy solutions for residential, commercial, and power plant
customers. Maxeon's integrated home energy management is a flexible
ecosystem of products and services, built around the award-winning
Maxeon® and SunPower® branded solar panels.
With a network of more than 1,700 trusted partners and
distributors, and more than one million customers worldwide, the
Company is a global leader in solar. For more information visit us
at www.maxeon.com, on LinkedIn and Twitter.
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, but not limited to,
statements regarding the Company's expectations of success in its
management and growth strategy. These forward-looking statements
can be identified by terminology such as "will," "expects,"
"confident," "enhance," and similar statements. These
forward-looking statements are based on our current assumptions,
expectations and beliefs and involve substantial risks and
uncertainties that may cause results, performance, or achievement
to materially differ from those expressed or implied by these
forward-looking statements. A detailed discussion of these factors
and other risks that affect our business is included in filings we
make with the SEC from time to time, including our Form 20-F,
particularly under the heading "Item 3.D. Risk Factors." Copies of
these filings are available online from the SEC or on the
Financials & Filings section of our Investor Relations website
at www.maxeon.com/financials-filings/sec-filings. All
forward-looking statements in this press release are based on
information currently available to us, and we assume no obligation
to update these forward-looking statements in light of new
information or future events.
©2024 Maxeon Solar Technologies, Ltd. All Rights Reserved.
MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd.
Visit https://corp.maxeon.com/trademarks for more
information.
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SOURCE Maxeon Solar Technologies, Ltd.