---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-115481"
form_type: "8-K"
ticker: "PSIX"
cik: "0001137091"
company_name: "POWER SOLUTIONS INTERNATIONAL, INC."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T15:33:25.534505+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Power Solutions International appoints Dino Xykis as permanent CEO and CTO

## Summary
- Appointment effective April 24, 2023; Xykis had served as interim CEO since June 2022.
- Employment agreement: base salary $525,000, annual bonus target 70% of base, LTI target 60% of base.
- Award of 85,000 stock appreciation rights (SARs) subject to Compensation Committee approval, vesting over 3 years.
- Severance: if terminated without cause, 12 months salary continuation and health benefits, plus prorated bonus.
- Xykis retains CTO role; over 30 years experience including at Cummins and Generac.

## SEC filing metadata
- accession: 0001193125-23-115481
- form_type: 8-K
- ticker: PSIX
- cik: 0001137091
- company_name: POWER SOLUTIONS INTERNATIONAL, INC.
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137091/000119312523115481/0001193125-23-115481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137091/000119312523115481/d494148d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-115481
- JSON: https://secwatch.observer/filing/0001193125-23-115481.json
- Plain text: https://secwatch.observer/filing/0001193125-23-115481.txt

## Key facts
- Executive change
  Constantine Xykis was appointed as Chief Executive Officer and Chief Technical Officer at POWER SOLUTIONS INTERNATIONAL, INC..
  - Action: appointed
  - Role: Chief Executive Officer and Chief Technical Officer
  source text: On April 25, 2023, Power Solutions International, Inc. (the “Company” or “PSI) announced that the Board of Directors (the “Board”) of the Company appointed Constantine Xykis as Chief Executive Officer and Chief Technical Officer, effective April 24, 2023 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137091/000119312523115481/0001193125-23-115481-index.htm

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