Georges Antoun - First Solar President of U.S.

FSLR Stock  MXN 2,590  48.50  1.91%   

President

Mr. Georges J. Antoun is the Chief Commercial Officer of First Solar Inc, effective 1 July 2016. In this role, Mr. Antoun will have comprehensive leadership responsibility for global project and business development. Prior to this appointment, Mr. Antoun served as President, U.S. since July 2015, and as Chief Operating Officer from July 2012 through June 2015. Mr. Antoun has over 20 years of operational and technical experience, including leadership positions at several global technology companies. Prior to joining First Solar in July 2012, Mr. Antoun served as Venture Partner at Technology Crossover Ventures, a private equity and venture firm that he joined in July 2011. Prior to joining TCV, Mr. Antoun was the Head of Product Area IP Broadband Networks for Ericsson, based in San Jose, California. Mr. Antoun joined Ericsson in 2007, when Ericsson acquired Redback Networks, a telecommunications equipment company, where Mr. Antoun served as the Senior Vice President of World Wide Sales Operations. After the acquisition, Mr. Antoun was promoted to Chief Executive Officer of the Redback Networks subsidiary. Prior to Redback Networks, Mr. Antoun spent five years at Cisco Systems, where he served as Vice President of Worldwide Systems Engineering and Field Marketing, Vice President of Worldwide Optical Operations, and Vice President of Carrier Sales. He has also held senior management positions at Newbridge Networks, a data and voice networking company, and Nynex, where he was part of its Science and Technology Division. Mr. Antoun is a member of the board of directors of Ruckus Wireless, Inc. and Violin Memory, Inc. both publiclytraded companies since 2016.
Age 60
Tenure 9 years
Phone602 414 9300
Webhttps://www.firstsolar.com
Antoun earned a BS degree in Engineering from the University of Louisiana at Lafayette and a Master’s degree in Information Systems Engineering from NYU Poly.

First Solar Management Efficiency

First Solar's management efficiency ratios could be used to measure how well First Solar manages its routine affairs as well as how well it operates its assets and liabilities.
First Solar has accumulated 236 M in total debt with debt to equity ratio (D/E) of 14.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. First Solar has a current ratio of 4.29, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist First Solar until it has trouble settling it off, either with new capital or with free cash flow. So, First Solar's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Solar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Solar's use of debt, we should always consider it together with cash and equity.

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First Solar, Inc. provides photovoltaic solar energy solutions in the United States and internationally. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona. FIRST SOLAR operates under Solar classification in Mexico and is traded on Mexico Stock Exchange. It employs 6400 people. First Solar (FSLR) is traded on Mexican Exchange in Mexico and employs 4,800 people.

Management Performance

First Solar Leadership Team

Elected by the shareholders, the First Solar's board of directors comprises two types of representatives: First Solar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Solar's management team and ensure that shareholders' interests are well served. First Solar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Solar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Georges Antoun, President of U.S.
Markus Gloeckler, Chief Officer
Jigish Trivedi, VP Technology
Jason Dymbort, G Sec
Mitchell Ennis, Ma Relations
Caroline Stockdale, Chief Officer
Alexander Bradley, Chief Officer
Mark Widmar, CEO Director
Byron Jeffers, Chief Accounting Officer
Michael Koralewski, Chief Officer

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Solar a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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