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

FIRST SOLAR, INC. (FSLR)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

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
[email protected]
or
Investors
David Brady
+1 (602) 414-9315
[email protected]
Luke Fairborn
+1 (602) 414-9315
[email protected]
Michelle Pereira
+1 (602) 414-9315
[email protected]


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIRST SOLAR, INC.
01:31pFIRST SOLAR : to Build 200MWac Solar Plant in Twiggs County, Ga.
BU
02/20FIRST SOLAR : Solar Power Era Begins in Vietnam
AQ
02/15FIRST SOLAR : and Arizona Public Service Partner on Solar-plus-Storage Project
AQ
02/15FIRST SOLAR : APS, First Solar Partner on Arizonas Largest Battery Storage Proje..
AQ
02/14AES : In Trump’s first year, U.S. agency doubles solar investments abroad
RE
02/14AES : In Trump's first year, U.S. agency doubles solar investments abroad
RE
02/14AES : In Trump's first year, U.S. agency doubles solar investments abroad
RE
02/14FIRST SOLAR : APS teams with First Solar on plant with battery storage
AQ
02/14FIRST SOLAR : APS First Solar Partner on Arizona's Largest Battery Storage Proje..
AQ
02/14FIRST SOLAR : APS, First Solar to install Arizonas largest battery system
AQ
More news
News from SeekingAlpha
02/20First Solar's Latest Project Win Bodes Well For Its Future 
02/19Solar PV Plus Batteries A Game Changer In The Switch To Renewable Energy? 
02/17STOCKS TO WATCH : Retail Heavyweights To Center Stage 
02/16BLOOMBERG : China flooded U.S. with solar panels before Trump's tariffs 
02/14FIRST SOLAR : Best In Class 
Financials ($)
Sales 2017 3 035 M
EBIT 2017 206 M
Net income 2017 233 M
Finance 2017 1 764 M
Yield 2017 -
P/E ratio 2017 30,12
P/E ratio 2018 45,83
EV / Sales 2017 1,71x
EV / Sales 2018 2,30x
Capitalization 6 953 M
Chart FIRST SOLAR, INC.
Duration : Period :
First Solar, Inc. Technical Analysis Chart | FSLR | US3364331070 | 4-Traders
Technical analysis trends FIRST SOLAR, INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 69,4 $
Spread / Average Target 4,3%
EPS 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
Sector and Competitors
1st jan.Capitalization (M$)
FIRST SOLAR, INC.-2.52%6 953
GCL-POLY ENERGY HOLDINGS LIMITED.-12.86%2 904
SOLAREDGE TECHNOLOGIES INC-1.73%1 979
SHANGHAI AERO AUTO ELECTROMECHANICAL-28.99%1 220
SUNPOWER CORPORATION-12.34%1 045
CANADIAN SOLAR INC.-6.41%910