Professional Documents
Culture Documents
BY ELLEN M. HEFFES
THE COMPANY
Sun Edison LLC,
a solar energy co
mpany
that has been a
pioneer in the de
ve
lopment and distri
bution of solar
po
we
r
systems and an in
dustry innovator.
Founded: 2003
Headquarters: Be
lmont, Calif.
Revenue: More th
an $600 million
(nonGAAP, as used by
most solar companies) for year en
ded Dec. 31, 2010
.
Company Status:
Wholly owned divi
si
on
of MEMC Electron
ic Materials (pub
licly traded symb
ol: WFR).
Company Footprin
t: More than 450
operational site
s installed to da
te,
and more than 93
6 million pounds
of
CO2 abated. In 20
10, listed as th
e
fifth-largest so
lar integrator gl
ob
ally.
Number of Employ
ees: More than 60
0
full time employ
ees globally.
Website: sunediso
n.com
16
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cost/efficiency path to
compete in and develop
these markets.
Current challenges
Negative publicity
related to the Solyndra
LLC bankruptcy and
default on a U.S. government loan guarantee and
deceleration of the
Italian solar market have
been challenges.
The global
economic condition
continues to affect the
future view of interest
rates, which are a critical component of project financial viability.
THE FINAN
CIAL
EXECUTIVE
Kevin Cunningham
Vice President, Acquisitions
and Integrations
How long in current role:
From June 2011-present. I was previously
chief financial officer, since September
2008.
FEI Chapter:
Washington, D.C.
Professional and Education summary:
I worked for General Electric Co. from
1991-2008, completing GEs Financial
Management Program and holding roles at
GE Healthcare, GE Investments and the GE
Corporate audit staff.
In 2000 I relocated to Japan, as Asia
FP&A director for GE Healthcare, and in
2003 moved to France as chief financial
officer for GE Healthcares International
services division.
I earned a B.S. in Finance from the
University of Illinois at UrbanaChampaign, am originally from Chicago and
currently reside in Maryland with my wife
and children.
What inspired you to join the company?
I experienced huge temperature variations while living in France, and saw
warming effects first-hand on a Baltic
vacation in 2005. With a family, including small children, Ive become more
aware of and concerned about the planet.
At the same time, Im 100 percent a capitalist who believes that the market,
competition and value creation should
drive economic decisions. I believe Sun
Edison has been a perfect intersection of
those interests.
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