Nextracker—a leader of intelligent solar trackers and software solutions—announced the appointment of Charles “Chuck” Boynton as Chief Financial Officer (CFO), effective after he completes his tenure with his current employer, which is expected in May 2024.
Nextracker’s current CFO, David Bennett, will continue to serve in this role until transitioning to Chief Accounting Officer (CAO) once Boynton joins the company. Bennett – who has served as Nextracker’s CFO since June 2021 – will remain with Nextracker as its CAO, reporting directly to the CFO.
Boynton has over 30 years of finance and accounting experience and significant experience in the solar industry. Boynton will lead Nextracker’s global finance and accounting organization and will report directly to founder and CEO Dan Shugar. Boynton has been on Nextracker’s Board since February 2023 and will step down from that position effective today.
KEY QUOTES:
“I am excited to welcome Chuck to the Nextracker executive leadership team. Chuck has been an excellent board member and advisor to Nextracker, and he is a proven leader in the solar and technology sectors. With Chuck’s strong track record leading finance teams, he will strategically enhance our capabilities during the next phase of growth.”
– Dan Shugar, Nextracker founder and CEO
“I am immensely proud of Nextracker’s achievements to-date. I am thrilled to step into the CFO role and am looking forward to working with the best team in the industry. We have a compelling growth path ahead as we continue building on the company’s successful operating model to drive long-term profitable growth and shareholder returns.”
– Chuck Boynton
“Dave joined Nextracker from our prior parent company, Flex, after nearly 17 years successfully serving as its CAO. Dave’s proven CAO track record will bring critical knowledge and experience to this role as we continue to scale globally. As CFO, he has been highly effective in ushering us through our IPO, the recent spin-out from Flex, and building out an outstanding finance team. I am thrilled to combine the executive skills of Chuck and Dave to bring world-class capability to our finance leadership.”
– Dan Shugar, Nextracker founder and CEO
