Maxeon Solar picks former SunPower executive VP as new CEO
Singapore-based solar cell and panel maker Maxeon Solar Technologies Ltd (NASDAQ:MAXN) has appointed Bill Mulligan as its new chief executive officer (CEO) with effect from January 23, 2023.
In that role, Mulligan will replace Jeff Waters, who, as previously announced, vacated the CEO position and his board seat in mid-September. Since then, Mark Babcock served as CEO and will now return to his role as chief revenue officer.
Mulligan joins Maxeon from Silicon Valley silicon anode material producer Sila Nanotechnologies. Previously, he served as CEO of microinverter maker SolarBridge, and as Executive Vice President of Global Operations for SunPower Corporation from which Maxeon was spun off in 2020.
“Bill joins Maxeon as we expand our global manufacturing footprint, deploy a new 3 GW factory in the US, bring our next-generation Maxeon 7 and Performance 7 products to market, and ramp up our Beyond the Panel initiative where we expect that Bill’s previous micro-inverter business experience will be relevant,” commented Donald Colvin, Maxeon’s Chairman of the Board.
