CAPSTONE TURBINE CORPORATION (NASDAQ:CPST) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

CAPSTONE TURBINE CORPORATION (NASDAQ:CPST) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

Effective April 6, 2017, Yon Y. Jorden, 62, has been elected to
the Board of Directors of Capstone Turbine Corporation (the
Company). Ms. Jorden has served as director for Maxwell
Technologies (NASDAQ: MXWL), a leader in development and
manufacturing of energy storage and power delivery solutions. She
was appointed a director in May 2008. She serves as the
chairperson of the compensation committee and is also a member of
the audit committee and the governance and nominating committee,
the latter of which she has previously served on as chairperson.
Ms. Jorden, also currently serves as a director and finance
committee member of Methodist Health System, a not for profit
Texas-based hospital system. Ms. Jorden also serves on the Board
of Governors for the Dallas Symphony Association as audit
committee chair, finance committee chair and executive committee.
She is also a member of the Board of Directors of the World
Affairs Council of DallasFort Worth. Prior to her current roles,
Ms. Jorden also served as a director and chairperson of the audit
committee of Magnatek, Inc., (NASDAQ: MAG) manufacturer of
digital power control systems, U.S. Oncology, a privately-held
oncology services company, and BioScrip, (NASDAQ: BIOS) national
provider of infusion and home care management solutions. In these
companies she served on various board of director committees
including the governance and nominating committee. During a
business career spanning more than 25 years, she has served as
chief financial officer of four publicly traded companies, most
recently as Executive Vice President and Chief Financial Officer
of AdvancePCS (Nasdaq: ADVP), a pharmacy benefits management
company. She previously served in the position of Executive Vice
President and Chief Financial Officer of Informix Corporation
(NASDAQ: IFMX), a software and technology company. Before joining
Informix Corporation, Ms. Jorden worked for Oxford Health Plans,
Inc. (NYSE: OHP) as its Senior Vice President and Chief Financial
Officer. Ms. Jorden also worked for Aera Energy LLC (private) as
its Senior Vice President and Chief Financial Officer. Prior to
such time, Ms. Jorden was employed by WellPoint, Inc. (NYSE: WLP)
as its Senior Vice President and Chief Financial Officer. Ms.
Jorden received her Bachelor of Science degree in Accounting from
the California State University, Los Angeles. Earlier in her
career she was a senior auditor with Arthur Andersen Co., where
she became a Certified Public Accountant (inactive) in the State
of California.

Among her other skills and expertise, Ms. Jorden brings to the
Board of Directors decades of extensive experience as both a
chief financial officer as well as a board member in all areas of
corporate governance and finance including mergers and
acquisitions, structuring IPOs, restructurings, and managing
public debt and equity offerings. Ms. Jorden is a board
leadership fellow of the National Association of Corporate
Directors, demonstrating her commitment and leadership as a board
member.

Ms. Jordens term as a director will continue until the next
annual meeting of the Companys stockholders, when at which time
she will stand for re-election. Ms. Jorden was identified by an
external search firm. After review of Ms. Jordens experience and
qualifications, the Companys Nominating and Corporate Governance
Committee recommended Ms. Jorden to the Board of Directors for
approval. Ms. Jorden will also receive a grant of 23,913
restricted stock units, pending Board of Directors approval,
which will vest on the date of the Annual Meeting.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Description

Press release dated April 11, 2017.


About CAPSTONE TURBINE CORPORATION (NASDAQ:CPST)

Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply. The Company’s microturbines are used as battery charging generators for hybrid electric vehicle applications. Capstone offers micro turbines for commercial, industrial and utility users with product offerings ranging from 30 kilowatts (kW) to 1 megawatt in electric power output. The Company sells complete microturbine units, subassemblies, components and various accessories. It also remanufactures micro turbine engines and provides after-market parts and services. Its products include C30, C65, TA100, C200, C600, C800, C1000 and waste heat recovery generator. It also offers C65 and C200 ICHP systems.

CAPSTONE TURBINE CORPORATION (NASDAQ:CPST) Recent Trading Information

CAPSTONE TURBINE CORPORATION (NASDAQ:CPST) closed its last trading session up +0.016 at 0.830 with 1,046,873 shares trading hands.

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