Maxeon Solar Technologies Ltd. has announced changes to its Board of Directors, effective June 1, 2025. David Li and Kris Sennesael have resigned from their positions as independent non-executive directors. Dr. Teo Tong Kooi has been appointed as a new independent non-executive director and will serve on the Audit, Compensation, Strategy and Transformation, and Nominating and Corporate Governance Committees. The Board will now consist of nine directors, including the CEO, three independent directors, and five designees of the majority shareholder, Zhonghuan Singapore Investment and Development Pte. Ltd.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.