---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-231912"
form_type: "8-K"
ticker: "PSIX"
cik: "0001137091"
company_name: "POWER SOLUTIONS INTERNATIONAL, INC."
filed_at: "2022-08-29T23:59:59+00:00"
generated_at: "2026-06-23T19:58:41.284304+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Power Solutions International appoints Kenneth Li as CFO effective Aug 29, 2022

## Summary
- Kenneth Li appointed CFO; succeeds Matthew Thomas who will return to corporate controller.
- Li previously CFO at ND Paper; earlier finance roles at Caterpillar and Ford.
- Employment terms: base salary $360k, sign-on bonus $20k, KPI target 50% of salary, LTI target 60%, SARs award of 30,000 shares.
- Severance: 6 months if terminated without cause within 48 months, 12 months after.
- Non-compete and non-solicitation covenants for one year post-employment.

## SEC filing metadata
- accession: 0001193125-22-231912
- form_type: 8-K
- ticker: PSIX
- cik: 0001137091
- company_name: POWER SOLUTIONS INTERNATIONAL, INC.
- filed_at: 2022-08-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137091/000119312522231912/0001193125-22-231912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137091/000119312522231912/d360608d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-231912
- JSON: https://secwatch.observer/filing/0001193125-22-231912.json
- Plain text: https://secwatch.observer/filing/0001193125-22-231912.txt

## Key facts
- Executive change
  Matthew Thomas changed role as corporate controller at POWER SOLUTIONS INTERNATIONAL, INC..
  - Action: resumed
  - Role: corporate controller
  source text: Mr. Thomas will resume his role as corporate controller.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312522231912/0001193125-22-231912-index.htm
- Executive change
  Xun (Kenneth) Li was appointed as chief financial officer at POWER SOLUTIONS INTERNATIONAL, INC..
  - Action: appointed
  - Role: chief financial officer
  source text: On August 26, 2022, the Board of Directors appointed Xun (Kenneth) Li as chief financial officer of Power Solutions International, Inc. (“the Company”), effective August 29, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312522231912/0001193125-22-231912-index.htm

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