William T. Hull Resigns as Chief Financial Officer of Orion Energy Systems, Inc
September 23, 2020 at 04:30 pm EDT
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On September 21, 2020, William T. Hull, the Chief Financial Officer, Executive Vice President, Chief Accounting Officer and Treasurer of Orion Energy Systems, Inc. (the ‘Company’), informed the Company’s Chief Executive Officer that he intends to retire from his positions with the Company upon the successful filing of the Company’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2020 with the Securities and Exchange Commission (such filing date, the ‘Retirement Date’). Effective as of the Retirement Date, Mr. Hull voluntarily resigns, and will cease to serve, as an officer of the Company and each subsidiary of the Company. Until the Retirement Date, Mr. Hull will continue to serve the Company on a full time basis in his current officer position and will receive from the Company his normal salary and other compensation and benefits otherwise due to him, through the Retirement Date, under his Amended and Restated Executive Employment and Severance Agreement, dated as of June 1, 2020.
Orion Energy Systems, Inc. provides light emitting diode (LED) lighting systems, wireless Internet of Things (IoT) enabled control solutions, project engineering, energy project management design, maintenance services and electric vehicle (EV) charging station installation services. The Companyâs segments include Orion Lighting Division, which develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management systems; Orion Maintenance Division, which provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities, and Orion Electric Vehicle Charging Division that offers EV charging expertise, sells and installs sourced electric vehicle charging stations with related software subscriptions and renewals and provides EV installation solutions with ongoing support to all commercial verticals.