---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-002988"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T22:43:01.711267+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-002988
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837024002988/0001558370-24-002988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837024002988/tmb-20240312x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-002988
- JSON: https://secwatch.observer/filing/0001558370-24-002988.json
- Plain text: https://secwatch.observer/filing/0001558370-24-002988.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837024002988/0001558370-24-002988-index.htm
- Executive change
  Robert C. Flexon changed role as Non-Executive Chairman at Capstone Energy Plus, Inc..
  - Action: transitioned
  - Role: Non-Executive Chairman
  source text: Following the conclusion of the Transition Period, Mr. Flexon will transition back to Non-Executive Chairman of the Board, effective April 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837024002988/0001558370-24-002988-index.htm
- Executive change
  Vincent J. Canino was appointed as President and Chief Executive Officer at Capstone Energy Plus, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837024002988/0001558370-24-002988-index.htm

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