James A. Hughes Appointed to the Los Angeles Branch Board of the Federal Reserve Bank of San Francisco

November 1, 2013

James A. Hughes

James A. Hughes

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


Matthew Schiffgens
Federal Reserve Bank of San Francisco
(415) 974-3246


The Federal Reserve Bank of San Francisco (SF Fed) serves the public by promoting a healthy, sustainable economy, and supporting the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, Portland and Phoenix, the Bank serves the Twelfth Federal Reserve District, which includes one-fifth of the nation’s population and represents the world’s fourth-largest economy. As part of the nation’s central bank, the SF Fed informs monetary policy, regulates banks, administers certain consumer protection laws and acts as a financial partner to the U.S. government.