Sundar PichaiSundar Pichai earned $164M in 2023

Mark R. Widmar is the CEO of First Solar, Inc., where he has helped steer the company towards becoming a leader in the solar energy sector since joining in 2011. He has a solid background in finance, having earned a...

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Mark R. Widmar

CEO of First Solar

Education

B.S. in Business Accounting and a Masters of Business Administration from Indiana University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

January 1, 1971 - 54 years ago

CEO of First Solar for

14 years 2 months (Apr 2011 - Present)

Previous Experience

Chief Financial Officer of GrafTech International Ltd.

Holdings

See how much did Mark R. Widmar make over time.

Mark R. Widmar's holdings demonstrate a strong commitment to First Solar's future. The value of his insider trading peaked in 2021, reaching $11.63 million in April. Since then, it fluctuated but maintained a high average, with values continuing to show...

Mar 18, 2025

Total Stock Sold

$71.69M

FSLR

$71.69M

792,677 FSLR shares

What if they kept their stock?

If Mark R. Widmar didn't sell their stock, today they would have:
Extra FSLR792,677 shares worth $40.73M.
This is -43.19% and $30.96M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mark R. Widmar.

FSLR

$262.95K

FSLR at $133.75/share

Mar 14, 2025

Sale

FSLR

$338.25K

FSLR at $132.96/share

Mar 6, 2025

Sale

FSLR

$3.04M

FSLR at $141.09/share

Feb 28, 2025

Sale

FSLR

72,838 shares

FSLR

Feb 26, 2025

Received

FSLR

$10.03M

FSLR at $273.26/share

Jun 3, 2024

Sale

FSLR

$3.24M

FSLR at $152.74/share

Mar 1, 2024

Sale

FSLR

71,829 shares

FSLR

Feb 29, 2024

Received

FSLR

$482.57K

FSLR at $223.41/share

Jul 28, 2023

Sale

FSLR

$1.27M

FSLR at $207.50/share

Jul 17, 2023

Sale

FSLR

$7.99M

FSLR at $199.97/share

Jun 6, 2023

Sale

Compensation History

See how much did Mark R. Widmar make over time.

In 2023, Mark R. Widmar's total compensation reached $1.7 million, comprising a salary of $500,000, a performance-based bonus of $200,000, and a significant vested stock worth $1.5 million. This structure is designed to motivate and align his interests with the growth of First Solar, rewarding him based on achieving revenue and operational efficiency targets. His approach emphasizes performance metrics that are not only focused on financials but also include sustainability targets, reflecting a commitment to long-term value creation. Comparatively, his compensation has seen substantial growth from previous years, showing a correlation between his leadership effectiveness and the company's performance.

Year

2023

Total Compensation

$2.30M

Salary

$500.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term value creation and competitive benchmarking against peers to ensure retention and motivation of the CEO.

Bonus

$200.00K

Board Justification

The bonus is based on the achievement of specific performance metrics related to revenue growth and operational efficiency for the fiscal year 2023.

Other

$100.00K

Board Justification

Other compensation includes retirement contributions and health benefits provided to the CEO in 2023.

Restricted Stock

$1.50M(10K RSU)

Board Justification

The vested stock consists of performance-based restricted stock units (RSUs) that were earned based on the company's performance in 2023 and vested accordingly.

Performance Metrics

Performance metrics include revenue growth, operational efficiency, and sustainability targets.

Other First Solar CEOs

Here are other CEOs of First Solar