LOS ANGELES--(BUSINESS WIRE)--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. (For a photograph of Mr. Hughes please see http://www.frbsf.org/our-district/press/news-releases/2013/hughes-appointment-los-angeles-branch-board-directors)
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, with branch offices in Los Angeles, Seattle, Salt Lake City, and Portland, and a cash processing office in Phoenix, provides wholesale banking services to financial institutions throughout the nine western states. As the nation’s central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers certain consumer protection laws, and is fiscal agent for the U.S. government. Follow us on Twitter at twitter.com/sffedreserve.