---
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"
generated_at: "2026-06-24T05:01:38.610566+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Orion Energy Systems CEO Altschaefl to Retire; Jenkins Appointed; Q1 Revenue Falls

## Summary
- 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

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-210605
- JSON: https://secwatch.observer/filing/0001193125-22-210605.json
- Plain text: https://secwatch.observer/filing/0001193125-22-210605.txt

## Key facts
- Executive change
  Anthony L. Otten was appointed as Independent Board Chair at ORION ENERGY SYSTEMS, INC..
  - Role: Independent Board Chair
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1409375/000119312522210605/0001193125-22-210605-index.htm
- Executive change
  Michael H. Jenkins was appointed as Chief Executive Officer at ORION ENERGY SYSTEMS, INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1409375/000119312522210605/0001193125-22-210605-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.