Now viewing all posts tagged Michael Ahearn

First Solar Slashes Forecast After Exit of CEO Robert Gillette

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Former First Solar CEO Launches $300M Venture Fund

Michael Ahearn, the former CEO of thin-film photovoltaic company First Solar, has reemerged as one of the driving forces behind True North Venture Partners, a new cleantech fund with offices in Chicago and Phoenix. Nearly two years ago Ahearn announced he would step down as First Solar’s CEO after a decade spent as the head…

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First Solar Hires New Marketing Chief

TK Kallenbach, a marketing executive with Honeywell International’s aerospace business, has joined thin-film photovoltaic maker First Solar as the company’s new chief of marketing. He replaces John Carrington, who abruptly quit last summer, shortly before Rob Gillette’s appointment as First Solar’s new chief executive officer. Before replacing long-time CEO and current executive Chairman Michael Ahearn,…

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First Solar’s New CEO Gets Hefty $5M Pay Package

Robert Gillette, the freshly-named CEO of thin-film solar panel maker First Solar, will get a $5 million signing bonus and an annual salary of $850,000, reports GreenTechMedia (via SeekingAlpha), citing regulatory fillings. Gillette replaces long-time CEO Michael Ahearn, who stays on as executive chairman. Gillette will start at the Tempe, Ariz. company on October 1….

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First Solar profits tripple on lower production costs, to start search for new CEO

First Solar, the world’s largest thin-film solar panel maker, has grown sales despite the global economic downturn, as production costs dropped. The Tempe, Ariz., company announced yesterday that it tripled first-quarter net income to $164.6 million on revenues of $418.2 million. The company brought in� $46.6 million in net income last year on revenues of…

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