UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
___________________
FORM
8-K
___________________
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date of report (Date
of earliest event reported): October 24, 2008
___________________
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SunPower
Corporation
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(Exact
Name of Registrant as Specified in
Charter)
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___________________
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Delaware
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001-34166
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94-3008969
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(State
or Other Jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File
No.)
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Identification
No.)
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3939
North First Street, San Jose, California 95134
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(Address
of Principal Executive Offices) (Zip
Code)
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Registrant’s
telephone number, including area code: (408) 240-5500
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N/A
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(Former
Name or Former Address, if Changed Since Last
Report)
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___________________
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Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction
A.2. below):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item 8.01.
Other Events.
On
October 24, 2008, Daniel S. Shugar announced that he plans to take a personal
leave of absence for 9 to 12 months to pursue personal interests commencing in
March, 2009. Mr. Shugar currently serves as President of SunPower
Corporation, Systems (the “Subsidiary”), a subsidiary of SunPower Corporation
(“SunPower”). He joined the Subsidiary (formerly known as PowerLight
Corporation) in 1996 prior to SunPower’s acquisition of the Subsidiary in
January 2007.
Forward-Looking
Statements
This
press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements are statements that do not represent historical facts
and may be based on underlying assumptions that that are forward- looking. The
company uses words and phrases such as “plans” and similar expressions to
identify forward-looking statements. Forward-looking statements in this press
release include, but are not limited to, the company's plans and expectations
regarding Mr. Shugar’s planned personal leave of absence. These forward-looking
statements are based on information available to the company as of the date of
this release and management's current expectations, forecasts and assumptions,
and involve a number of risks and uncertainties that could cause actual results
to differ materially from those anticipated by these forward-looking statements.
Such risks and uncertainties include a variety of factors, some of which are
beyond the company's control. In particular, risks and uncertainties that could
cause actual results to differ include changes in Mr. Shugar’s personal plans
and other risks described in the company's Quarterly Report on Form 10-Q for the
quarter ended June 29, 2008, and other filings with the Securities and Exchange
Commission. These forward-looking statements should not be relied upon as
representing the company's views as of any subsequent date, and the company is
under no obligation to, and expressly disclaims any responsibility to, update or
alter its forward-looking statements, whether as a result of new information,
future events or otherwise.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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SUNPOWER
CORPORATION
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Date:
October 24, 2008
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By:
/s/ Bruce Ledesma
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Name:
Bruce Ledesma
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Title:
General Counsel and Corporate
Secretary
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