Sunday, Jun 26, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Nation

First Solar, leader agree on salary of $500,000

TEMPE, Ariz. — Michael Ahearn, who took over as interim chief executive officer of First Solar Inc. after the ouster of Rob Gillette, has agreed to a $500,000 annual salary with no stock awards or options and no severance payment, the company said in a filing with the U.S. Securities and Exchange Commission this week.

Mr. Ahearn, 54, will get a base salary 41 percent lower than Mr. Gillette’s and may be eligible for an annual bonus to be determined by the board, the Toledo-born company said. It has its only U.S. production facility in Perrysburg Township.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…