– USA, WI – Orion Energy Systems, Inc. (Nasdaq: OESX), a provider of energy-efficient LED lighting and control systems today announced the appointment of current EVP and COO, Mike Jenkins to its Board of Directors as CEO effective November 10, 2022, replacing Mike Altschaefl who will remain on the Board of Directors.
The current lead independent director, Anthony Otten will assume the role of independent Board Chair effective August 4th.
About Anthony L. Otten
Mr. Otten has served on Orion’s Board since August 2015 and as lead independent director since June 2017. His experience as a public company CEO and business leader, combined with his capital markets experience, merger and acquisition experience, and contributions to Orion’s Board makes him well qualified to serve as Board Chair.
Mr. Otten, Orion’s new Board Chair, commented, “We have been working hard to build Orion’s management team and strategic vision to support the Company’s long-term growth and profitability. Orion has a very exciting future, offering substantial growth potential that is rooted in our ‘customer for life’ vision to provide a growing base of related products and services with exceptional quality and service. Mike Jenkins has demonstrated passion and impressive management, strategy, and sales skills that should allow him to lead the advancement of our business, including our environmental, social, and governance goals.”
About Mike Jenkins
Mike Jenkins is an accomplished executive leader with a strong track record of business and financial achievement built over more than 25 years. He joined Orion last year as part of a long-term strategic leadership and planning process and was selected to serve as CEO based on his significant leadership, operational, and sales and marketing skills and contributions.
Before joining Orion as COO and EVP in November 2021, Mr. Jenkins served for eight years as the Construction and Consumer Business Director, GM – Americas of Bostik, Inc., an industrial adhesive and sealing products provider with over $2.4B in annual sales. Mr. Jenkins was directly responsible for the full profit and loss statement (P&L) of several hundred-million-dollar businesses with six manufacturing plants and over 400 associates across North America.
During his tenure, revenue nearly tripled, as he worked to transform the business into a systems provider. He identified strategic acquisitions, performed due diligence, negotiated and closed several acquisitions, integrated the businesses without disruption, and created numerous cross-selling opportunities to accelerate growth. He also instilled a performance-driven culture based on a common vision and helped build Bostik brand recognition through innovative and disruptive marketing campaigns focused on key specifiers (Architects, Engineers, and Designers). Previously, Mr. Jenkins served in various sales and marketing leadership roles with Kohler Company, Master Lock, and Illinois Tool Works.
About Orion Energy Systems
Orion provides innovative LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls, and IoT systems, as well as ongoing system maintenance and program management. We help our customers achieve energy savings with healthy, safe, and sustainable solutions, enabling them to reduce their carbon footprint and digitize their business.
Orion is committed to operating responsibly throughout all areas of our organization.
For more information: https://www.orionlighting.com/
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