Companies SunPower
SunPower (SPWR): executive pay, fiscal 2025
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SunPower's highest-paid named officer for fiscal year 2025, Former Chief Financial Officer Daniel Foley, was paid $789,833 · source
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Daniel Foley | $233,333 | $1,500 | $455,000 | $0 | $0 | $0 | $100,000 | $789,833 |
| Former Chief Financial Officer | ||||||||
| Jeanne Nguyen | 350,000 | 1,500 | 1,534 | 0 | 0 | 0 | 0 | 353,034 |
| Former Chief Accounting Officer and former and Former Interim Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Daniel Foley | $789,833 | $941,947 | — | ↓ −152,114 |
| Jeanne Nguyen | 353,034 | 295,346 | — | ↑ +57,688 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
SunPower's compensation program is designed to promote the success of the Company and align executive incentives with the long-term interests of its stockholders. Reflecting its startup origins, the program consists primarily of salary and equity-based awards, with the intent to maintain a strong link between executive incentives and the creation of stockholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| J. Daniel McCranieNot independent | $0 | $2,217,185 | — | — | $0 | $2,217,185 |
| Lothar MaierIndependent · Audit · Compensation | 0 | 367,185 | — | — | 0 | 367,185 |
| William J. AndersonNot independent | 0 | 214,536 | — | — | 0 | 214,536 |
| Ronald PasekIndependent · Lead Independent Director · Audit (Chair) · Compensation · Nominating/Governance | 0 | 169,153 | — | — | 0 | 169,153 |
| Adam GishenIndependent · Compensation · Nominating/Governance · Audit | 0 | 167,091 | — | — | 0 | 167,091 |
| Antonio R. AlvarezIndependent · Compensation · Nominating/Governance (Chair) | 0 | 160,901 | — | — | 0 | 160,901 |
| Tidjane ThiamIndependent · Audit · Compensation · Nominating/Governance | 0 | 160,077 | — | — | 0 | 160,077 |
| Chris LundellNot independent | 0 | 156,776 | — | — | 0 | 156,776 |
| Devin WhatleyIndependent · Compensation (Chair) | 0 | 156,776 | — | — | 0 | 156,776 |
| Thurman J. RodgersEmployee director · Board Chair | 0 | 0 | — | — | 0 | 0 |
| Bernard GutmannIndependent · Audit · Partial-year service | 0 | 0 | — | — | 0 | 0 |
| Jamie HaenggiIndependent · Compensation · Nominating/Governance · Not standing for re-election | 0 | 0 | — | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $0 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $0 |
| Equity awards (grant-date value) | $3,769,680 |
| All other compensation | $0 |
| Total cost of the board | $3,769,680 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names SunPower as a peer
Companies that benchmark against SPWR
2 companies name SPWR as a compensation peer
The list of companies that name SPWR as a peer is temporarily unavailable — recheck shortly.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | SunPower | 2025 | Daniel Foley | $233,333 | $455,000 | $0 | $0 | $789,833 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-11-02 | — | — | — | — | — |
| 2025 | 2025-05-29 | — | — | — | — | — |
| 2024 | 2024-12-18 | — | — | — | — | — |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-11-02 | —a |
| 2025 | 2025-05-29 | —b |
| 2024 | 2024-12-18 | —c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (20 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Daniel Foley. DEF 14A, filed 2026-09-28. Section “Executive Compensation”. As printed: 789,833. View filing ↗
- Section 01, Jeanne Nguyen. DEF 14A, filed 2026-09-28. Section “Executive Compensation”. As printed: 353,034. View filing ↗
- Section 08, J. Daniel McCranie. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 2,217,185. View filing ↗
- Section 08, Lothar Maier. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 367,185. View filing ↗
- Section 08, William J. Anderson. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 214,536. View filing ↗
- Section 08, Ronald Pasek. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 169,153. View filing ↗
- Section 08, Adam Gishen. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 167,091. View filing ↗
- Section 08, Antonio R. Alvarez. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 160,901. View filing ↗
- Section 08, Tidjane Thiam. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 160,077. View filing ↗
- Section 08, Chris Lundell. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 156,776. View filing ↗
- Section 08, Devin Whatley. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 156,776. View filing ↗
- Section 08, Thurman J. Rodgers. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Bernard Gutmann. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Jamie Haenggi. DEF 14A, filed 2026-09-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-11-05. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-02. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-12-19. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 0 + equity 3,769,680 + all other 0 = 3,769,680, summed across the director compensation table rows.
- SunPower (subject), Section 10b CEO total. DEF 14A, filed 2026-09-28. CEO total compensation as printed in SunPower's own proxy. As printed: 789,833. View filing ↗