Capstone Green Energy appoints Vince Canino as CEO effective March 11, 2024

Capstone Energy Plus, Inc.

Appointed Vince Canino as President, CEO, and board member; Robert Flexon resigns as interim CEO.
Flexon remains Executive Chairman until April 1, 2024, then transitions to Non-Executive Chairman.
Canino receives $550K base salary, 100% target bonus, and 450,000 RSUs vesting over three years.
Canino previously served as COO of ESS Tech (NYSE: GWH) and CEO of Smardt Chiller Group.
Company continues work on financial restatement; expects to list common stock on OTC Pink Market.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed (interim)

Robert C. Flexon

interim President and Chief Executive Officer

CGEH · Capstone Energy Plus, Inc.

Effective: 2024-03-11
Successor: Vincent J. Canino
Filed: March 12, 2024, 7:59 PM ET

In connection with the appointment of Mr. Canino as President and Chief Executive Officer, Robert C. Flexon, the current interim President and Chief Executive Officer and Principal Executive Officer of the Company, delivered his resignation from such positions to the Board, effective March 11, 2024.

Role change

Robert C. Flexon

Non-Executive Chairman

CGEH · Capstone Energy Plus, Inc.

Effective: 2024-04-01
Filed: March 12, 2024, 7:59 PM ET

Following the conclusion of the Transition Period, Mr. Flexon will transition back to Non-Executive Chairman of the Board, effective April 1, 2024.

Appointed

Vincent J. Canino

President and Chief Executive Officer

CGEH · Capstone Energy Plus, Inc.

Effective: 2024-03-11
Filed: March 12, 2024, 7:59 PM ET

On March 8, 2024, the Board of Directors (the “Board”) of Capstone Green Energy Holdings, Inc. (the “Company”) appointed Vincent J. Canino as President and Chief Executive Officer of the Company (serving as the Company’s Principal Executive Officer) and as a member of the Board, each effective as of March 11, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert C. Flexon resigned as interim President and Chief Executive Officer at Capstone Energy Plus, Inc..

Action: resigned
Role: interim President and Chief Executive Officer

Exact text from the filing

In connection with the appointment of Mr. Canino as President and Chief Executive Officer, Robert C. Flexon, the current interim President and Chief Executive Officer and Principal Executive Officer of the Company, delivered his resignation from such positions to the Board, effective March 11, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert C. Flexon changed role as Non-Executive Chairman at Capstone Energy Plus, Inc..

Action: transitioned
Role: Non-Executive Chairman

Exact text from the filing

Following the conclusion of the Transition Period, Mr. Flexon will transition back to Non-Executive Chairman of the Board, effective April 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Vincent J. Canino was appointed as President and Chief Executive Officer at Capstone Energy Plus, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On March 8, 2024, the Board of Directors (the “Board”) of Capstone Green Energy Holdings, Inc. (the “Company”) appointed Vincent J. Canino as President and Chief Executive Officer of the Company (serving as the Company’s Principal Executive Officer) and as a member of the Board, each effective as of March 11, 2024

View on SEC.gov

Capstone Energy Plus, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-24-002988

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.