---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-007528"
form_type: "8-K"
ticker: "ORA"
cik: "0001296445"
company_name: "ORMAT TECHNOLOGIES, INC."
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T20:25:33.379090+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Ormat director Mike Nikkel to step down at 2025 annual meeting

## Summary
- Mike Nikkel informed the board he will not stand for reelection at the 2025 annual meeting.
- Nikkel was initially designated by ORIX under a Governance Agreement that terminated in December 2024.
- He agreed to remain on the board temporarily after the ORIX offering; departure is not due to any dispute.
- The board is finalizing preparations for the annual meeting; no replacement announced.

## SEC filing metadata
- accession: 0001437749-25-007528
- form_type: 8-K
- ticker: ORA
- cik: 0001296445
- company_name: ORMAT TECHNOLOGIES, INC.
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1296445/000143774925007528/0001437749-25-007528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1296445/000143774925007528/ora20250313_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-007528
- JSON: https://secwatch.observer/filing/0001437749-25-007528.json
- Plain text: https://secwatch.observer/filing/0001437749-25-007528.txt

## Key facts
- Executive change
  Mike Nikkel departed as Director at ORMAT TECHNOLOGIES, INC..
  - Action: not stand for reelection
  - Role: Director
  source text: On March 11, 2025, Mike Nikkel, a member of the board of directors (the “Board”) of Ormat Technologies, Inc. (the “Company”), informed the Board that he would not stand for reelection at the 2025 annual meeting of stockholders (the “Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1296445/000143774925007528/0001437749-25-007528-index.htm

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