Operations leaders at solar panel maker SunPower–which went public in 2005 with $70 million in revenue and this year will have over $2 billion–understand the importance of treasury's impact on the bottom line, says Treasurer Navneet Govil, a past AHA winner. SunPower's top executives appreciate hedging since a large portion of the company's revenue comes from Europe, where there is a significant foreign exchange risk. And rapid growth, Govil says, means "we need to scale the company, invest in working capital, invest in capital expenditures and, as such, we're always looking to raise money. How can we do that in a cost-effective manner?"

Treasury & Risk

October 28, 2010

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.