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Navneet Govil: Scaling to Keep Up With Growth

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...

By staff Writer | Updated on January 01, 2011

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?”

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