Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  First Solar, Inc.    FSLR

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

First Solar, Inc. : First Solar Appoints James Hughes CEO

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 10:25pm CET

First Solar, Inc. (NASDAQ: FSLR) today announced that James Hughes has been appointed Chief Executive Officer. Hughes succeeds Mike Ahearn, First Solar's founder and Chairman, who has been serving as interim CEO since Oct. 2011. Hughes joined First Solar in March as Chief Commercial Officer. Ahearn will continue in his role as Chairman of the Board.

"Jim has been instrumental in developing the strategic plan that will enable us to compete and win in this new era for the solar industry, and it became clear he is the right person to lead the execution of that plan," said Ahearn. "Jim brings a wide range of experience that will be invaluable in leading our organization, having owned and operated utilities, built power projects, cultivated partnerships and led profitable growth in a wide array of key markets around the world."

"I am excited for this opportunity to lead First Solar into a new era for the industry," said Hughes. "First Solar is unrivaled in terms of talent and experience and has the premier platform from which to implement solar power at a meaningful scale around the world. The rapid cost reductions in the industry position solar at the threshold of the mainstream energy markets, and we are well-positioned to capitalize on that opportunity."

Hughes has nearly 20 years of experience in the global energy industry. Before joining First Solar, he served as the CEO of AEI, which owned and operated power distribution, conventional and renewable power generation, natural gas transportation and natural gas distribution businesses in 19 countries. Prior to that, he was President and Chief Operating Officer for Prisma Energy.

Hughes earned a juris doctor from the University of Texas at Austin School of Law, a Certificate of Completion in international business law from Queen Mary's College, University of London, and a bachelor's degree in business administration from Southern Methodist University.

About First Solar, Inc.

First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced thin-film modules. The company's integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module collection and recycling, First Solar's renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.

For First Solar Investors

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

First Solar, Inc.
Media
Ted Meyer
+1 (602) 427-3318
ted.meyer@firstsolar.com
or
Investors
David Brady
+1 (602) 414-9315
dbrady@firstsolar.com
Luke Fairborn
+1 (602) 414-9315
lucas.fairborn@firstsolar.com
Michelle Pereira
+1 (602) 414-9315
michelle.pereira@firstsolar.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIRST SOLAR, INC.
12/05 8POINT3 ENERGY PARTNERS LP (NASDAQ : CAFD) Files An 8-K Entry into a Material De..
12/02 FIRST SOLAR : U.S. Patents Awarded to Inventors in Michigan (Dec. 2)
12/02 FIRST SOLAR : Assigned Patent
12/01 FIRST SOLAR : gives Jordan largest solar plant
12/01 FIRST SOLAR : Environmental Law Institute Welcomes Three New Members to Its Lead..
11/26 FIRST SOLAR : Today, Van Hulzen Asset Management LLC Reached $103,000 Position o..
11/21 Solar Energy Is Cheaper Than You Think
11/21 FIRST SOLAR : Solar field plans get cloudy as Ohio manufacturer cuts workers
11/19 FIRST SOLAR : US solar panel maker to cut 1,600 jobs, halt plant in Ohio
11/18 S&P 500 MOVERS : Gps, crm
More news
Sector news : Photovoltaic Solar Systems & Equipment
11/10 SIEMENS : CEO says give Trump a chance
11/09 European renewable stocks fall on concern Trump will cut support
11/09 After StanChart and UBS, Hong Kong regulator warns of more IPO sponsor probes
10/20DJE.ON to Invest $500 Million in Illinois Wind Farm
09/28 Wind turbines firm Senvion says big merger deal not in prospect
More sector news : Photovoltaic Solar Systems & Equipment
News from SeekingAlpha
12/06 4 Offbeat Names That Can Benefit From The OPEC Agreement
12/05 How Important Will Trump's Energy Secretary Pick Be For The Energy Industry?
11/30 Will Solar Companies Survive The Price War?
11/29 FIRST SOLAR : Don't Be Disappointed
11/28 Crisis Of American Solar Manufacturing - The Fall Of First Solar
Advertisement
Financials ($)
Sales 2016 2 913 M
EBIT 2016 309 M
Net income 2016 -104 M
Finance 2016 1 178 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 43,49
EV / Sales 2016 0,74x
EV / Sales 2017 0,81x
Capitalization 3 330 M
More Financials
Chart FIRST SOLAR, INC.
Duration : Period :
First Solar, Inc. Technical Analysis Chart | FSLR | US3364331070 | 4-Traders
Full-screen chart
Technical analysis trends FIRST SOLAR, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 34,3 $
Spread / Average Target 7,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Mark R. Widmar Chief Executive Officer & Director
Michael J. Ahearn Non-Executive Chairman
Philip Tymen de Jong Chief Operating Officer
Alexander R. Bradley Chief Financial Officer
Raffi Garabedian Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FIRST SOLAR, INC.-51.43%3 330
GCL SYSTEM INTEGRATION..--.--%4 322
GCL-POLY ENERGY HOLDIN..-12.82%2 444
SHANGHAI AERO AUTO ELE..-11.25%2 284
RISEN ENERGY CO.,LTD.--.--%1 548
SUNPOWER CORPORATION-75.94%963
More Results