SunPower CEO Thomas President's 2018 pay slips 6% to $4M

SunPower reports 2018 executive compensation

By ExecPay News

Published: April 3, 2020

SunPower reported fiscal year 2018 executive compensation information on April 3, 2020.
In 2018, seven SunPower executives received on average a compensation package of $2.5M, a 7% increase compared to previous year.
Average pay of disclosed executives at SunPower
Thomas Werner President, Chief Executive Officer, received $4M in total, which decreased by 6% compared to 2017. 54% of President's compensation, or $2.2M, was in stock awards. President also received $1.2M in non-equity incentive plan, $600K in salary, as well as $25K in other compensation.
Thomas H. Werner, Chief Executive Officer, received a compensation package of $4M, which decreased by 6% compared to previous year. 54% of the compensation package, or $2.2M, was in stock awards.
Manavendra Sial, Chief Financial Officer, earned $2.6M in 2018.
Charles D. Boynton, Chief Financial Officer, received $2.4M in 2018, which increases by 30% compared to 2017.
William P. Milligan III, Former Executive Vice President, Global Operations, earned $1.5M in 2018, a 23% increase compared to previous year.
Douglas J. Richards, Executive Vice President, Administration, received $1.4M in 2018, which increases by 4% compared to 2017.
Kenneth L. Mahaffey, General Counsel, earned $1.3M in 2018, a 46% increase compared to previous year.
SunPower's fiscal year ends on December 29.

Related executives

Thomas President

SunPower

Chief Executive Officer

Thomas Werner

SunPower

Chief Executive Officer

Manavendra Sial

SunPower

Chief Financial Officer

Charles Boynton

SunPower

Chief Financial Officer

Kenneth Mahaffey

SunPower

General Counsel

William Milligan

SunPower

Former Executive Vice President, Global Operations

Douglas Richards

SunPower

Executive Vice President, Administration

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Source: SEC filing on April 3, 2020.