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Michael H. Jenkins Assumes the Role of Orion Energy Systems CEO

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Orion Energy Systems, Inc. (Nasdaq: OESX) has appointed Michael H. Jenkins as its new Chief Executive Officer, succeeding Mike Altschaefl, who retired on November 10, 2022. Jenkins, who joined Orion last year, was selected for his extensive leadership and operational experience. Altschaefl will remain with the company as a board member and may provide consulting services until the end of 2023. Jenkins thanked Altschaefl for his contributions, noting he returned Orion to financial strength and expanded its customer base during his tenure.

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  • Michael H. Jenkins has extensive leadership experience, which may drive company growth.
  • Altschaefl's tenure strengthened company finances and expanded customer base.
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MANITOWOC, Wis., Nov. 11, 2022 (GLOBE NEWSWIRE) --  Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electrical vehicle (EV) charging station solutions, announced Michael H. Jenkins, the Company’s Executive Vice President and Chief Operating Officer, has officially assumed the role of Orion’s Chief Executive Officer (CEO) after the retirement of CEO Mike Altschaefl on November 10th.

Mike Jenkins is an accomplished executive leader with a strong track record of business and financial achievement built over more than 25 years. He joined Orion last year as part of a long-term strategic leadership and planning process and was selected to serve as CEO based on his significant leadership, operational, and sales and marketing skills and contributions.

Mr. Altschaefl will continue to serve on Orion’s Board of Directors following his retirement through the Company’s 2023 annual meeting of shareholders and, thereafter, may provide consulting services to the Company until December 31, 2023.

Mr. Jenkins, Orion’s new CEO, commented, “I’d like to thank Mike Altschaefl for his dedication and leadership to Orion over the past five years. He returned the business to financial strength, expanded our customer base and capabilities, and successfully guided Orion through the COVID-19 pandemic with care and empathy. Mr. Altschaefl leaves Orion a much stronger business as a result of his five years of leadership. We wish him all the best in his well-deserved retirement.”

For more information, refer to the press release issued on August 3, 2022.

About Orion Energy Systems
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, maintenance services and electrical vehicle (EV) charging solutions. Orion specializes in turnkey design-through-installation solutions for large national customers, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance.

Orion is committed to operating responsibly throughout all areas of our organization. Learn more about Orion’s ESG priorities, goals, and progress here or visit Orion’s website at orionlighting.com.

Orion Contact
Steve Paulus, Director Marketing & Communications
Orion Energy Systems, Inc.
spaulus@oesx.com
(920) 239-8007

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/56639ce9-57ee-431d-b21f-811d500cad2c

 


FAQ

What is the new leadership change at Orion Energy Systems, Inc. (OESX)?

Michael H. Jenkins has been appointed as the new CEO, succeeding Mike Altschaefl.

When did Mike Altschaefl retire from Orion Energy Systems (OESX)?

Mike Altschaefl retired on November 10, 2022.

What plans does Mike Altschaefl have after retiring from OESX?

He will continue to serve on the Board of Directors and may provide consulting services until December 31, 2023.

How has Michael H. Jenkins contributed to Orion Energy Systems (OESX) prior to becoming CEO?

He joined Orion last year and was part of a long-term strategic leadership and planning process.

Orion Energy Systems, Inc.

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