secwatch.observer — SEC 8-K summary
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Issuer:     ORMAT TECHNOLOGIES, INC. (ORA)
CIK:        0001296445
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001437749-23-004641
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Shlomi Argas to step down as President of Ormat Technologies, remain as senior consultant
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- Shlomi Argas to transition out of President and Head of Operations and Products role effective July 1, 2023.
- Argas will remain employed as senior consultant supporting strategic, sales, business development, and operational efforts.
- Decision part of longer-term personal retirement plan; not due to any disagreement with Company.
- New compensation arrangements for consultant role to be finalized and disclosed later.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1296445/000143774923004641/0001437749-23-004641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1296445/000143774923004641/ora20230226_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004641

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer