Los Angeles, CA – The Federal Reserve Bank of San Francisco has appointed James A. Hughes, CEO, First Solar, Tempe, AZ, to its Los Angeles Branch Board of Directors, effective September 27, 2013.
Mr. Hughes is the Chief Executive Officer of First Solar, a provider of comprehensive photovoltaic (PV) solar systems. Prior to joining First Solar, Mr. Hughes served as CEO and Director of AEI Services LLC. He holds a JD from the University of Texas at Austin School of Law, a Certificate of Completion in international business law from Queen Mary’s College, University of London, and a BA in business administration from Southern Methodist University.
The balance of the Los Angeles Branch Board of Directors includes:
Keith E. Smith, Chairman, President and CEO, Boyd Gaming Corporation, Las Vegas, NV
Grace Evans Cherashore, President and CEO, Evans Hotels, San Diego, CA
David I. Rainer, Chairman, President and CEO, California United Bank, Encino, CA
Peggy Tsiang Cherng, Co-Chair of the Board and Co-CEO, Panda Restaurant Group, Inc., Rosemead, CA
John C. Molina, CFO, Molina Healthcare, Inc., Long Beach, CA
The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.