---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-014732"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T09:53:04.112192+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Capstone Green Energy CEO resigns amid disagreement; Board Chair Flexon named Interim CEO

## Summary
- Darren Jamison resigns as President & CEO and board member effective Aug 22, 2023, due to disagreement over alternatives to address senior secured notes situation.
- Board appointed Robert Flexon as Executive Chairman and Interim President & CEO; search for permanent CEO initiated.
- Company continues to pursue alternatives including a possible sale or bankruptcy, with an ongoing process seeking a buyer.
- Denise Wilson appointed Lead Independent Director; CFO John Juric remains.
- Flexon brings turnaround experience, having led Dynegy's bankruptcy and restructuring.

## SEC filing metadata
- accession: 0001558370-23-014732
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837023014732/0001558370-23-014732-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837023014732/cgrn-20230808x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-014732
- JSON: https://secwatch.observer/filing/0001558370-23-014732.json
- Plain text: https://secwatch.observer/filing/0001558370-23-014732.txt

## Key facts
- Executive change
  Darren R. Jamison resigned as Director at Capstone Energy Plus, Inc..
  - Action: resigned
  - Role: Director
  source text: Later that same day, Mr. Jamison stated that he was also resigning from the Board, effective August 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023014732/0001558370-23-014732-index.htm
- Executive change
  Darren R. Jamison resigned as President and Chief Executive Officer at Capstone Energy Plus, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: On August 8, 2023, Darren R. Jamison informed the Board of Directors (the “Board) of Capstone Green Energy Corporation (the “Company”) of his resignation as President and Chief Executive Officer of the Company, effective August 22, 2023, and the Board advised Mr. Jamison that it accepted his resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023014732/0001558370-23-014732-index.htm
- Executive change
  Denise M. Wilson was appointed as Lead Independent Director at Capstone Energy Plus, Inc..
  - Action: appointed
  - Role: Lead Independent Director
  source text: In connection with Mr. Flexon’s transition to Executive Chairman, Denise M. Wilson was appointed Lead Independent Director of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023014732/0001558370-23-014732-index.htm
- Executive change
  Robert C. Flexon was appointed as Interim President and Chief Executive Officer at Capstone Energy Plus, Inc..
  - Action: appointed
  - Role: Interim President and Chief Executive Officer
  source text: The Board also appointed Mr. Flexon as Interim President and Chief Executive Officer to succeed Mr. Jamison, effective August 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023014732/0001558370-23-014732-index.htm
- Executive change
  Robert C. Flexon was appointed as Executive Chairman at Capstone Energy Plus, Inc..
  - Action: appointed
  - Role: Executive Chairman
  source text: The Board appointed Robert C. Flexon, age 64, and the Company’s current Chairman of the Board, to the position of Executive Chairman effective August 9, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023014732/0001558370-23-014732-index.htm

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