Business Context and Reporting Period
This Form 8-K was filed by Power Solutions International, Inc. on May 15, 2017. The report discloses a corporate governance event regarding the appointment of a new director to the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Jason Lin as a director on the Board of Directors, effective May 15, 2017. Mr. Lin brings over three decades of experience in engine development and manufacturing, including prior roles as CEO of Société Internationale des Moteurs Baudouin and executive positions at International Truck and Engine Corporation and Cummins Engine Company.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on future performance, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Jason Lin was appointed to the Board of Directors on May 15, 2017.
- Mr. Lin previously served as CEO of a Weichai Power Co., Ltd. subsidiary, which is an affiliate of a significant stockholder of the Company.
- The appointment was made by the Nominating and Governance Committee pursuant to delegated authority.
- No financial results or operational metrics are disclosed in this specific filing.