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Leadership Profile: Tom Werner (Part 7)

Posted on Tuesday, Apr 17th

SunPower went public in 2005, which is a monumental moment for most firms. It is always interesting to take note of firms who do not press the IPO, rather they wait for banks to begin courting them. Tom revisits that timeframe and explains SunPower’s progression during that period in thehistory of the company. SM: You

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Leadership Profile: Tom Werner (Part 6)

Posted on Monday, Apr 16th

The later half of 2004 marked the beginning of production operations. SunPower began producing solar cells, a result of $150M of capital investments. On the books, this timeframe represents the greatest period of loss in the company’s history, due largely to the development of the new production lines. It was, of course, necessary. SM: What

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Leadership Profile: Tom Werner (Part 5)

Posted on Friday, Apr 13th

Tom joined SunPower in 2003, and the IPO occurred in 2005. Here we review the steps the company took in that timeframe which led to not only a successful IPO, but also laid the foundation for its current success. SM: Between the time you showed up and the IPO, what was happening to the business

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Leadership Profile: Tom Werner (Part 4)

Posted on Thursday, Apr 12th

During its early phases SunPower was, out of necessity, not as focused of a company as it is now. It engaged in several other business areas to ensure positive cashflow, yet such activities detracted from the development of high efficiency solar cells which became one of its core competencies. SM: Did SunPower engage in any

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