Daniel S.  Shugar net worth and biography

Daniel Shugar Biography and Net Worth

CEO and Founder of Nextpower

Daniel Shugar founded Nextpower and has served as its Chief Executive Officer since July 2013. Mr. Shugar began his career in the solar industry in 1988 and has held senior leadership positions in multiple solar companies. Prior to Nextpower, he served as Chief Executive Officer of Solaria Corporation, a solar panel manufacturing company, from January 2010 to June 2013. Mr. Shugar was the President of Systems, a division of SunPower Corporation, a global solar
panel manufacturer and construction company, from January 2007 to March 2009. From 1996 to 2007, he served as President of PowerLight Corporation, a commercial and utility-scale solar system integrator. From 1986 to 1995, Mr. Shugar held various positions in the solar businesses of New World Power, Inc., Advance Photovoltaic Systems and the Pacific Gas & Electric Company. Mr. Shugar holds a Bachelor of Science degree in Electrical and Electronics Engineering from Rensselear Polytechnic Institute and a Master of Business Administration from Golden Gate University. Mr. Shugar was selected to serve on our board of directors based
on his role as Chief Executive Officer and his extensive management experience in the solar energy industry.

What is Daniel S. Shugar's net worth?

The estimated net worth of Daniel S. Shugar is at least $80.70 million as of March 9th, 2026. Mr. Shugar owns 746,339 shares of Nextpower stock worth more than $80,701,636 as of March 9th. This net worth approximation does not reflect any other assets that Mr. Shugar may own. Additionally, Mr. Shugar receives a salary of $3,160,000.00 as CEO and Founder at Nextpower. Learn More about Daniel S. Shugar's net worth.

How old is Daniel S. Shugar?

Mr. Shugar is currently 60 years old. There are 5 older executives and no younger executives at Nextpower. Learn More on Daniel S. Shugar's age.

What is Daniel S. Shugar's salary?

As the CEO and Founder of Nextpower Inc., Mr. Shugar earns $3,160,000.00 per year. Learn More on Daniel S. Shugar's salary.

How do I contact Daniel S. Shugar?

The corporate mailing address for Mr. Shugar and other Nextpower executives is 6200 Paseo Padre Pkwy, Fremont, CA USA 94555. Nextpower can also be reached via phone at 510-270-2500 and via email at [email protected]. Learn More on Daniel S. Shugar's contact information.

Has Daniel S. Shugar been buying or selling shares of Nextpower?

During the last ninety days, Daniel S. Shugar has sold $10,283,675.20 of Nextpower stock. Most recently, Daniel S. Shugar sold 59,456 shares of the business's stock in a transaction on Monday, March 9th. The shares were sold at an average price of $105.17, for a transaction totalling $6,252,987.52. Following the completion of the sale, the chief executive officer now directly owns 746,339 shares of the company's stock, valued at $78,492,472.63. Learn More on Daniel S. Shugar's trading history.

Who are Nextpower's active insiders?

Nextpower's insider roster includes David Bennett (CAO), Charles Boynton (CFO), Bruce Ledesma (President - Strategy, Software & Administration), Nicholas Miller (COO and Co-founder), Léah Schlesinger (General Counsel), Daniel Shugar (CEO and Founder), William Watkins (Director), and Howard Wenger (President). Learn More on Nextpower's active insiders.

Are insiders buying or selling shares of Nextpower?

In the last year, insiders at the sold shares 19 times. They sold a total of 438,692 shares worth more than $33,346,769.17. The most recent insider tranaction occured on March, 9th when CEO Daniel S Shugar sold 59,456 shares worth more than $6,252,987.52. Insiders at Nextpower own 0.6% of the company. Learn More about insider trades at Nextpower.

Information on this page was last updated on 3/9/2026.

Daniel S. Shugar Insider Trading History at Nextpower

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/9/2026Sell59,456$105.17$6,252,987.52746,339View SEC Filing Icon  
3/4/2026Sell39,892$101.04$4,030,687.68584,990View SEC Filing Icon  
11/17/2025Sell47,743$91.28$4,357,981.04624,882View SEC Filing Icon  
See Full Table

Daniel S. Shugar Buying and Selling Activity at Nextpower

This chart shows Daniel S Shugar's buying and selling at Nextpower by year and by quarter.

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Nextpower Company Overview

Nextpower logo
Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. (Nextpower) was formerly a subsidiary of Flex Ltd.
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Today's Range

Now: $108.13
Low: $99.43
High: $108.44

50 Day Range

MA: $106.66
Low: $87.04
High: $124.49

2 Week Range

Now: $108.13
Low: $36.06
High: $131.59

Volume

2,169,434 shs

Average Volume

1,744,322 shs

Market Capitalization

$16.06 billion

P/E Ratio

27.65

Dividend Yield

N/A

Beta

2.41