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Maxeon Solar Technologies Announces Philippe Costemale as New Chief Operating Officer – EQ Mag Pro

Maxeon Solar Technologies Announces Philippe Costemale as New Chief Operating Officer – EQ Mag Pro

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SINGAPORE :  Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that Philippe Costemale will be joining the company in August to serve as its new Chief Operating Officer (COO).

Costemale will be responsible for the global manufacturing organization, global operations, and supply chain activities, and as a senior member of the executive team he will report directly to CEO Jeff Waters. Philippe Costemale will succeed Dr Markus Sickmoeller, who will leave the company in September 2022 following an orderly transition of duties.

“We are thrilled to have Philippe join our leadership team at Maxeon. He has a great breadth and depth of manufacturing experience borne from managing volume factories across four continents, across high tech industries from energy to consumer,” said Jeff Waters, CEO at Maxeon Solar Technologies. “Philippe will take the lead on continuing and ensuring Maxeon’s transformation, as we introduce new products, maximize factory utilization, and drive down costs.”

An industry executive with wide and varied knowledge in growing B2B business, Philippe Costemale brings over 20 years’ experience in smart manufacturing transformation, consolidating global and regional supply chains, and managing operations in Europe, Asia, and North and South America. Most recently, he has been the Vice President Global Manufacturing and Supply Chain for Technicolor based in Hong Kong. Before, he spent around 14 years at global manufacturing giant Jabil where, as GM for Europe, he led the business and operations, heading up a team of 11 GMs across Europe and boosting revenues to reach second in the market for electronic manufacturing services.

“I am very pleased to join the Maxeon team, which has tremendous advanced solar technology expertise, a very high-quality and reliability mindset and skilled staff, and a great track record of innovation and industry leadership in ESG,” commented Philippe Costemale. “I look forward to working with Jeff and team to further consolidate Maxeon’s leadership position in the solar energy space, and to continue Powering Positive Change.”

This appointment comes at a time of growth and expansion for Maxeon. The Company has recently unveiled Maxeon’s SunPower One complete home energy management experience and announced a global strategic partnership with AlphaESS to develop integrated clean energy solutions for residential customers. Costemale will be joining the Maxeon team at its Singapore Headquarters.

About Maxeon Solar Technologies

Maxeon Solar Technologies (NASDAQ:MAXN) is Powering Positive Change™. Headquartered in Singapore, Maxeon designs and manufactures Maxeon® and SunPower® brand solar panels, and has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The company is a leader in solar innovation with access to over 1,000 patents and two best-in-class solar panel product lines. Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,400 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a 35-year history in the solar industry and numerous awards for its technology.

Anand Gupta Editor - EQ Int'l Media Network