Business Context and Reporting Period
This Form 8-K is a current report filed by ORION ENERGY SYSTEMS, INC. on March 21, 2012. The filing addresses a specific corporate governance event rather than periodic financial results.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel changes and does not contain financial statements.
Material Changes
The primary material change reported is a departure from senior management:
- Effective Date: March 21, 2012
- Event: Daniel J. Waibel ceased serving as the Company's Executive Vice President.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document strictly reports the cessation of service by the Executive Vice President.
Investor Verification Checklist
- Verify the reason for Daniel J. Waibel's departure and whether it was voluntary or involuntary.
- Confirm if a successor has been appointed to the Executive Vice President role.
- Review subsequent filings to assess the impact of this leadership change on company operations.