secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001193125-23-085505
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Power Solutions International appoints Jiwen Zhang as Chairman; Mozzi resigns
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312523085505/0001193125-23-085505-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312523085505/d476939d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-085505

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