Nextpower Inc. (NXT)

Daniel Shugar founded the company in 2013, as Nextracker, and has been chief executive since July 2013. He has worked in solar since 1988: he ran Solaria, a solar panel maker, from 2010 to 2013, led the systems division of SunPower from 2007 to 2009 and was president of PowerLight, a builder of commercial and utility-scale solar plants, from 1996 to 2007. Howard Wenger, president since February 2022 and a director since June 2024, came the same road: in solar since 1984, executive vice president of PowerLight from 2003 to 2007, executive roles at SunPower from 2007 to 2017, eight of those years running its systems business, and president of Solaria from 2020 to 2021. 1234567

Charles Boynton became chief financial officer in May 2024, after sitting on the board and chairing its audit committee from February 2023; before that he was finance chief of Logitech and, from 2012 to 2018, of SunPower. Two long-serving officers changed in 2026. Nicholas (Marco) Miller, a co-founder who had worked in operations since December 2013 and been chief operating officer since March 2021, ceased serving on June 14, 2026, and Bruce Ledesma, chief legal and compliance officer since January 2025, was to retire on July 17, 2026. On the record this site holds, Robert Vinje first filed as chief operating officer in June 2026 and Lindsey Wiedmann as chief legal and compliance officer in July 2026; the quarterly report lists offer letters to them dated May 8 and April 28, 2026. 89101112131415

The board has ten members and is chaired by William Watkins, a former chief executive of Seagate Technology who has also sat on the board of Flex, the company's former parent, since 2009. Several directors come from power utilities and energy policy: Jeffrey Guldner ran Pinnacle West Capital and its utility, Arizona Public Service, as chief executive from 2019 to 2025; Monica Karuturi is general counsel of CenterPoint Energy, a gas and electric utility; and Mark Menezes, who joined in June 2025, was deputy secretary of the US Department of Energy from 2020 to 2021. 16171819202122

At March 31, 2026 Nextpower had about 1,993 full-time employees in eight offices, over 578 of them in technical, development or engineering roles and over 500 in research and development. About 48% worked in the United States and about 27% in India, where the Hyderabad office alone had over 542 people across sales, engineering, project management and corporate support, and runs as an independent research center alongside headquarters. All employees in Spain and Brazil, about 15% of the workforce, are covered by local collective bargaining agreements. 232425262728