{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-210605","form_type":"8-K","ticker":"OESX","cik":"0001409375","company_name":"ORION ENERGY SYSTEMS, INC.","filed_at":"2022-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.649852+00:00","generated_at":"2026-06-24T05:01:38.610566+00:00","sec_items":["2.02","5.02","7.01","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Orion Energy Systems CEO Altschaefl to Retire; Jenkins Appointed; Q1 Revenue Falls","bullets":["CEO Michael Altschaefl to retire Nov 10, 2022; will remain director until 2023 annual meeting, then consulting until Dec 31, 2023","COO Michael H. Jenkins appointed CEO effective Nov 10, 2022; also joins board as Class I director","Lead independent director Anthony L. Otten becomes independent Board Chair after Aug 4, 2022 annual meeting","Q1 FY2023 revenue $17.9M, down from $35.1M; net loss $2.8M vs net income $2.5M a year ago","Director Alan Howe not standing for re-election; enters two-year consulting agreement with $25,000 annual retainer"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-210605","json":"https://secwatch.observer/filing/0001193125-22-210605.json","markdown":"https://secwatch.observer/filing/0001193125-22-210605.md","text":"https://secwatch.observer/filing/0001193125-22-210605.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409375/000119312522210605/0001193125-22-210605-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409375/000119312522210605/d353290d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T05:01:38.610566+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d2b12eccd9","claim":"Anthony L. Otten was appointed as Independent Board Chair at ORION ENERGY SYSTEMS, INC..","evidence_excerpt":"Anthony L. Otten, the Company’s current lead independent director, will begin serving as the Company’s independent Board Chair immediately after the Company’s 2022 annual shareholders meeting on August 4, 2022","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409375/000119312522210605/0001193125-22-210605-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Role","value":"Independent Board Chair"}],"fact_type":"executive_change"},{"claim_id":"f1712d66a9","claim":"Michael H. Jenkins was appointed as Chief Executive Officer at ORION ENERGY SYSTEMS, INC..","evidence_excerpt":"the Company also announced the appointment of Michael H. Jenkins as the Company’s new Chief Executive Officer, effective as of Mr. Altschaefl’s Retirement Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409375/000119312522210605/0001193125-22-210605-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}