secwatch.observer — SEC 8-K summary
======================================

Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001193125-22-166320
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Solutions International CEO resigns; CTO Xykis named Interim CEO
----------------------------------------------------------------------

- CEO Lance Arnett resigned effective May 31, 2022, to pursue other interests.
- CTO Dino Xykis appointed Interim CEO effective June 1, 2022, by the Board.
- Board is actively searching for a permanent CEO; Xykis to serve as interim.
- 2022 outlook reaffirmed: sales growth ≥3% and gross margin improvement ≥5pp vs 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312522166320/0001193125-22-166320-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312522166320/d364625d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-166320

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer