Power Solutions International, Inc. (NASDAQ:PSIX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On May 15, 2017, acting to delegated authority, the Nominating and Governance Committee of the Board of Directors of Power Solutions International, Inc. (the “Company”), appointed Jason Lin as a director on the Board.
Mr. Lin, age 63, has over three decades of engineering and executive management experience in the engine development and manufacturing industries. From 2009 to July 2016, Mr. Lin served as chief executive officer and president of Société Internationale des Moteurs Baudouin, a southern France based marine engine manufacturer subsidiary of Weichai Power Co., Ltd., a major diesel engines, heavy duty trucks and components manufacturer in China and an affiliate of Weichai America Corp., a significant stockholder of the Company. During this tenure, he also served as an executive technical director and advisor to the chairman of Weichai Power. From February 2001 to July 2006, Mr. Lin was employed by International Truck and Engine Corporation, a U.S. based trucks, buses and diesel engines manufacturer subsidiary of Navistar International Corporation in engineering management positions. Earlier in his career, Mr. Lin was employed in engineering positions by Cummins Engine Company and worked in Japan for Komatsu-Cummins Engine Company as vice president.
About Power Solutions International, Inc. (NASDAQ:PSIX)
Power Solutions International, Inc. is a producer and distributor of a range of low-emission power systems that run on non-diesel fuels, such as natural gas, propane and gasoline. The Company’s industrial power systems are used by original equipment manufacturers (OEMs) in a range of industries with a diversified set of applications, including stationary electricity generators, oil and gas equipment, forklifts, aerial work platforms, industrial sweepers, arbor equipment, agricultural and turf equipment, aircraft ground support equipment, construction and irrigation equipment, and other industrial equipment. The Company provides alternative fuel power systems for OEMs of off-highway industrial equipment and on-road medium trucks and busses. In addition to its emission-certified power systems, the Company produces and distributes non-emission-certified power systems for industrial OEMs for particular applications in markets without emission standards. Power Solutions International, Inc. (NASDAQ:PSIX) Recent Trading Information
Power Solutions International, Inc. (NASDAQ:PSIX) closed its last trading session up +0.06 at 9.06 with 2,139,686 shares trading hands.