SunPower appoints HP veteran Catherine A. Lesjak as new board member

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Greentech Lead America: Solar PV maker SunPower announced the appointment of Catherine A. Lesjak, a 27-year veteran of HP, as a new, independent member of the SunPower’s board of directors.

The appointment is effective immediately.

Lesjak currently serves as executive vice president and chief financial officer at HP, a position she has held since early 2007.

Before being named CFO, she was senior vice president and treasurer, responsible for managing the company’s worldwide cash, debt, foreign exchange, capital structure, risk management and benefits plan administration.

Also at HP, she managed financial operations for the Software Global Business Unit, was group controller for its Software Solutions Organization, managed global channel credit risk and was the credit manager for the Commercial Customer Organization.

“Cathie brings extensive financial, management and technology experience to our board of directors,” said Tom Werner, SunPower president and CEO. “We welcome her insights and expertise as SunPower continues its evolution as a leading global energy solutions company with superior technology.”

Recently SunPower and MidAmerican Solar started a major construction at the Antelope Valley Solar Projects – two projects co-located in Kern and Los Angeles counties in California.

The 579-megawatt development will employ approximately 650 workers during a three-year construction period; generate more than $500 million in regional economic impact, the majority of which will be generated during construction; and serve California’s growing electricity demand with clean, renewable solar power.

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