FIRST SOLAR, INC. (NASDAQ:FSLR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Company or First Solar) appointed Molly E. Joseph to the Board of
Directors effective immediately. Ms. Joseph will sit on the
Boards Audit and Project Development Committees.
and Executive Vice President, Global, UnitedHealth Group. She
assumed these roles in May of 2014 and March of 2017,
respectively, and leads overall strategic direction and
operational management of business outside the United States. She
serves on UnitedHealthcares Executive Council and UnitedHealth
Groups Executive Leadership Team. From 2009 to 2014, Ms. Joseph
was Senior Vice President, Global for UnitedHealth Group, leading
the Global Markets division, as well as the strategic development
of the global business, which grew from a start-up to a $7
billion revenue business over that period of time. Prior to her
global role with UnitedHealth Group, she led acquisitions and
other strategic transactions across the enterprise.
banker focused on mergers and acquisitions. She began her career
as a corporate lawyer, also focused on business transactions.
HeartLink, a global nonprofit healthcare organization, as well as
the Board of Directors of Austin Young Peoples Chorus.
of Science degree, and received a Juris Doctorate from Georgetown
Law Center.
disclosed to Item 404(a) of Regulation S-K. Ms. Joseph will
receive compensation as a non-associate director in accordance
with the Companys non-associate director compensation practices
described in Non-Associate Director Compensation of the Companys
Definitive Proxy Statement filed with the Securities and Exchange
Commission on April 5, 2017. In connection with her appointment,
Ms. Joseph entered into a Director and Officer Indemnification
Agreement, in substantially the same form as the Company has
previously filed with the Securities and Exchange Commission.
Josephs appointment, which is included as Exhibit 99.1 to this
Current Report on Form 8-K.
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Exhibit Number
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Description
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99.1
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Press Release of First Solar, Inc. dated June 9, 2017
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About FIRST SOLAR, INC. (NASDAQ:FSLR)
First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions. The Company designs, manufactures and sells PV solar modules with thin-film semiconductor technology, and also develops, designs, constructs and sells PV solar power solutions. The Company operates through two segments: components and systems. The Company’s components segment designs, manufactures and sells solar modules, which convert sunlight into electricity. The Company’s systems segment provides PV solar power systems or solar solutions for systems, which use the Company’s solar modules. The Company provides operations and maintenance (O&M) services to plant owners that use solar modules manufactured by the Company or by other third-party manufacturers. The Company has approximately 30 manufacturing lines around the world and over 2.8 gigawatts (GW) of annual manufacturing capacity with lines having a production capability of approximately 2,500 modules per day.