Power Solutions International appoints Jiwen Zhang as Chairman; Mozzi resigns

POWER SOLUTIONS INTERNATIONAL, INC.

Fabrizio Mozzi resigned as Chairman and from Board effective March 29, 2023; no disagreement with company.
Shaojun Sun resigned as Vice Chairman but remains on Board.
Jiwen Zhang appointed to Board and as Chairman; designee of majority stockholder Weichai America Corp.
Jiwen Zhang has over 20 years engine industry experience; currently Chairman/CEO of Weichai America.
Jiwen Zhang receives annual retainer of $75,000 (incl. $25,000 for Chairman) plus $1,500 per meeting.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Shaojun Sun

Vice Chairman of the Board

PSIX · POWER SOLUTIONS INTERNATIONAL, INC.

Effective: 2023-03-29
Filed: March 30, 2023, 7:59 PM ET

Also on the Effective Date, Shaojun Sun resigned as Vice Chairman of the Board but will continue to serve as a member of the Board.

Appointed

Jiwen Zhang

Chairman of the Board

PSIX · POWER SOLUTIONS INTERNATIONAL, INC.

Effective: 2023-03-29
Filed: March 30, 2023, 7:59 PM ET

Further, on the Effective Date, the Board appointed Jiwen Zhang to the Board and to serve as Chairman of the Board.

Departed

Fabrizio Mozzi

Chairman of the Board

PSIX · POWER SOLUTIONS INTERNATIONAL, INC.

Effective: 2023-03-29
Successor: Jiwen Zhang
Filed: March 30, 2023, 7:59 PM ET

Effective March 29, 2023 (the “Effective Date”), Fabrizio Mozzi resigned from the Board of Directors (the “Board”) of Power Solutions International, Inc. (the “Company” or “PSI”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Shaojun Sun resigned as Vice Chairman of the Board at POWER SOLUTIONS INTERNATIONAL, INC..

Action: resigned
Role: Vice Chairman of the Board

Exact text from the filing

Also on the Effective Date, Shaojun Sun resigned as Vice Chairman of the Board but will continue to serve as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jiwen Zhang was appointed as Chairman of the Board at POWER SOLUTIONS INTERNATIONAL, INC..

Action: appointed
Role: Chairman of the Board

Exact text from the filing

Further, on the Effective Date, the Board appointed Jiwen Zhang to the Board and to serve as Chairman of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Fabrizio Mozzi resigned as Chairman of the Board at POWER SOLUTIONS INTERNATIONAL, INC..

Action: resigned
Role: Chairman of the Board

Exact text from the filing

Effective March 29, 2023 (the “Effective Date”), Fabrizio Mozzi resigned from the Board of Directors (the “Board”) of Power Solutions International, Inc. (the “Company” or “PSI”).

View on SEC.gov

POWER SOLUTIONS INTERNATIONAL, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-085505

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