Michael J. Ahearn is a seasoned leader in the finance sector and has notably shaped the solar energy landscape as the first CEO of First Solar, Inc. He holds a Bachelor of Science in Finance from the University of Arizona...
Michael J. Ahearn is a seasoned leader in the finance sector and has notably shaped the solar energy landscape as the first CEO of First Solar, Inc. He holds a Bachelor of Science in Finance from the University of Arizona and has been influential in guiding the company from its early days into a key player in the global market. Ahearn served as CEO from 2000 to 2009 and has since filled various roles including Executive Chairman. During his time as CEO, he oversaw significant growth, turning First Solar into a leading multinational firm. His strategy focused on long-term performance metrics, which not only boosted the company’s revenue but also aligned executive compensation with company success. Notably, in 2009, Ahearn received total compensation of $600,000, showcasing a blend of salary and performance bonuses that reflects a solid pay-for-performance model. After stepping down, he continued to contribute as a non-employee director, indicating his ongoing commitment to the company’s mission. He also ventured into business by leading a venture capital firm, True North Venture Partners, investing in sectors like energy and water. Michael’s deep understanding of finance, linked with his hands-on experience in the solar industry, gives him a unique edge in energy innovations today.