Nextracker appoints Charles Boynton as new CFO

March 20, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
Boynton will lead Nextracker’s global finance and accounting organisation in his new position. Image: Nextracker

US solar tracker manufacturer Nextracker has appointed Charles Boynton as chief financial officer (CFO).

Boynton will join in May this year from Logitech where he serves as CFO. In his new position, Boynton will lead Nextracker’s global finance and accounting organisation and will report to Nextracker’s founder and CEO Dan Shugar.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Boynton also stepped down from Nextracker’s board after accepting his new position. He joined the board in February 2023.

Boynton also has experience in the solar industry, having served as CFO and executive vice president of SunPower between 2010 and 2018.

Current Nextracker CFO David Bennett will continue to serve in this position until transitioning to chief accounting officer once Boynton joins the company. Bennett will report to Boynton in his new position.

Prior to the appointment of Boynton, Nextracker recently signed an agreement with Australian tube and pipe manufacturer Orrcon Steel to manufacture components of trackers in Australia. The company said “critical steel components” will be produced from BlueScope’s steel coil at Orrcon Steel’s Salisbury Tube mill in Brisbane. BlueScope is a steel supplier and manufacturer and owns Orrcon Steel.

Nextracker has witnessed high shipment figures in its US business recently with a 70% year-on-year increase in the fourth quarter of 2023, driving 38% quarterly revenue growth. It is the third quarter in a row in which it raised guidance, with forecasted full-year revenue increased by US$100 million to US$2.45 billion, while the adjusted EBITDA target has been raised by US$73 million to US$488 million.

21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

Premium
October 17, 2025
According to Ronak Maheshwari of CRC-IB, there has been a struggle for US renewable power projects to secure necessary equity .
October 17, 2025
Norwegian renewable energy firm Scatec has signed lease agreements for 64MW of solar PV and 10MWh of energy storage capacity in Liberia and Sierra Leone.
October 17, 2025
A group of over 20 US states are suing the Trump administration for the cancellation of the US$7 billion Solar For All Scheme.
October 16, 2025
Masdar and Turkey have entered the final stage of US$1 billion agreement to develop the 1.1GW plant in Bor, Niğde Province, central Turkey.
October 16, 2025
T1 Energy and Nextracker have agreed to use the latter’s steel module frames at the former’s new 5GW module manufacturing facility in Dallas.
October 16, 2025
US utility-scale solar additions grew by 56% in 2024, reaching 30GW from 2023’s 19GW and representing over 54% of all new electricity generation capacity added in the country last year.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK