Business Context and Reporting Period
This Form 8-K Current Report was filed by Orion Energy Systems, Inc. on July 21, 2010. The filing reports a corporate governance event regarding the appointment of a senior officer.
Key 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 promotion of Michael J. Potts to the positions of President and Chief Operating Officer, effective July 21, 2010. Prior to this promotion, Mr. Potts served as Executive Vice President since 2003 and as a director since 2001. He has been with the company since 2001, previously holding roles in technical services. His background includes significant experience at Kohler Co. in energy management and natural gas operations.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the effective date of Michael J. Potts' promotion to President and COO.
- Confirm if this appointment triggers any changes to existing executive compensation agreements.
- Review the company's most recent 10-Q or 10-K for financial metrics not included in this 8-K.