Summary by Moomoo AI
SunPower Corporation, a company registered in Delaware and listed on The Nasdaq Stock Market under the symbol SPWR, has announced the termination of Jennifer Johnston, the Executive Vice President and Chief Operating Officer. The Board of Directors made the decision on May 21, 2024, with the termination effective as of June 7, 2024. Johnston will receive severance payments and benefits as per the Amended and Restated 2023 Management Career Transition Plan. This plan was previously filed with the SEC on October 18, 2023. The announcement was made in a Form 8-K report filed with the United States Securities and Exchange Commission.