Form 8-K · Current Report · Filed 2025-01-10
First Solar Appoints New Global Controller and Chief Accounting Officer
On January 3, 2025, First Solar, Inc. appointed Nathan Theurer as Vice President, Global Controller, and Chief Accounting Officer, effective January 6, 2025. Theurer, who joined First Solar in 2014, has held various senior accounting roles within the company and previously worked at Amkor Technology, Inc., and Ernst & Young LLP. He will enter into an Indemnification Agreement with the company and is expected to receive an annual base salary of $280,000, a target bonus of 40% of his annual base salary, and equity compensation. In a related move, Byron Jeffers, the former Vice President, Global Controller, and Chief Accounting Officer, has been appointed Vice President, Treasurer, and Head of Investor Relations.
- Filer
- First Solar Inc. FSLR · NASDAQ
- Filed
- Accession
- 0001274494-25-000004
- CIK
- 0001274494
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$191.13
Next session
-3.9%
Since filing
+10.4%
Latest close
$211.03
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from FSLR reporting the same item, with the next session's move:
About First Solar Inc.
First Solar Inc. is a leading manufacturer and provider of solar energy solutions, specializing in the design and production of photovoltaic (PV) modules. The company's primary purpose is to deliver sustainable, environmentally friendly energy solutions by harnessing the power of solar technology. First Solar focuses on producing thin-film solar panels, which are known for their high efficiency and lower cost of production compared to traditional silicon-based panels. This technology enables First Solar to make significant contributions to renewable energy industries, particularly in utility-scale solar energy projects. The company serves a variety of sectors including commercial, industrial, and utility-scale power generation. First Solar is distinguished by its commitment to sustainability and innovation, continually investing in research and development to enhance the performance and longevity of its solar products. As a notable player in the renewable energy market, First Solar plays a crucial role in promoting the global transition to more sustainable energy sources, thereby impacting energy policies and contributing to efforts to reduce carbon emissions worldwide.
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