Business Context and Reporting Period
This Form 8-K Current Report was filed by Orion Energy Systems, Inc. on April 1, 2010, covering the event date of March 31, 2010. The company is incorporated in Wisconsin and is headquartered in Manitowoc, WI.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain financial statements or performance metrics.
Material Changes
The primary material change reported is the departure of a senior executive:
- Patricia A. Verfuerth, Vice President of Operations, ceased employment on March 31, 2010.
- The departure resulted from the non-renewal of her Executive Employment and Severance Agreement, originally dated February 4, 2009.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items beyond the executive departure noted above.
Investor Verification Checklist
- Confirm the effective date of Patricia A. Verfuerth's departure (March 31, 2010).
- Verify the terms of the non-renewal of the Executive Employment and Severance Agreement.
- Check for subsequent filings regarding the appointment of a replacement for the Vice President of Operations.