Nextracker, the US-headquartered global solar tracker supplier, has announced the appointment of a new Chief Financial Officer (CFO) Charles 'Chuck' Boynton to replace the role led by current CFO David Bennett from May 2024.
Bennett will continue to stay on in the CFO role till he transitions to the chief accounting officer (CAO) position, a position he held at Nextracker's former parent company Flex for 17 years. He will report to the new CFO.
Boynton will step down from Nextracker's board to take up the CFO position. He joined Nextracker board in February 2023.
"Chuck has been an excellent board member and advisor to Nextracker, and he is a proven leader in the solar and technology sectors," said Nexteracker Founder and CEO Dan Shugar. "With Chuck's strong track record leading finance teams, he will strategically enhance our capabilities during the next phase of growth."
At Nextracker, Boynton will lead the group's global finance and accounting organization and report to Shugar.
Boynton moves to Nextracker from Logitech International where he has been serving in a similar role. Before that, he worked as the EVP and CFO of Plantronics. He left SunPower Corporation in 2018 where he was employed as the EVP and CFO, while continuing as the CEO of SunPower's JV yieldco 8point3 Energy Partners that was sold to Capital Dynamics (see Chuck Boynton To Leave SunPower).
SunPower's former President and CEO Howard Wenger is Nextracker's President since February 2022. He is now also on the latter's board as a director (see Nextracker Shuffles Company Board Post Flex Split).