MANITOWOC, Wis.--(BUSINESS WIRE)--
Orion Energy Systems Inc. (NYSE Amex: OESX), a leading power technology
enterprise, announced today that Michael Harris, CPA, has been named
Chief Financial Officer effective April 1, 2011. Orion's former Chief
Financial Officer, Scott Jensen, CPA, has been appointed to the
newly-created position of Chief Accounting Officer and will continue to
serve as a member of the management team.
Prior to this new appointment, Harris served as Vice President of
Investor Relations since October 2010. Prior to joining Orion, Harris
was the owner of Harris Business Solutions LLC, a firm he founded in
2005 where he served as a consultant providing expertise on a variety of
accounting and financial analysis issues — particularly for portfolio
managers and research analysts at money management firms. Prior to being
an independent consultant, Harris was a senior research analyst at
Robert W. Baird. He began his career in public accounting at KPMG Peat
Marwick, followed by a regional firm, where he most recently was an
accounting and audit manager. Harris is a licensed certified public
accountant and studied under the CFA program.
Prior to the appointment of Chief Accounting Officer, Jensen served as
Chief Financial Officer of the Company since July 2008. From 2004 to
2008, Jensen served as Orion's Controller and Vice President of
Corporate Finance, and as the company's Director of Finance. Prior to
joining Orion, Jensen was the manager of financial planning and analysis
at the Mirro Co. (a division of Newell Rubbermaid). Jensen is a licensed
certified public accountant.
Neal Verfuerth, Chief Executive Officer of Orion commented, "This is a
natural transition for Mike given his strong accounting and financial
analysis background and prior experience with public companies. Since
joining Orion last fall, Mike's significant experience in analyzing the
business models of a variety of public companies has served as a
valuable resource in evaluating and modeling any change contemplated in
our strategic planning process. Going forward, the company is well
positioned to capitalize on the foundation we've established. Mike will
be responsible for establishing and ongoing monitoring of operating
performance metrics that are consistent with the returns we want to
deliver to our shareholders. Mike's skillset will also be particularly
useful in addressing the Company's capital formation needs going
forward, as well as in evaluating potential merger and acquisition
opportunities. He will continue to oversee all investor relations
operations for Orion."
Verfuerth continued, "Scott's new role as Chief Accounting Officer is a
necessary transition for the Company with the hands-on experience he's
gained over the past seven years in various financial management
positions. Orion's business model has evolved and become more complex in
recent years, requiring an expanded role for the corporate controller
position into a senior-management level, accounting officer role."
About Orion Energy Systems
Orion Energy Systems Inc. (NYSE Amex: OESX) is a leading power
technology enterprise that designs, manufactures and deploys energy
management systems — consisting primarily of high-performance, energy
efficient lighting systems and controls and related services for
commercial and industrial customers — without compromising their
quantity or quality of light. For more information, visit www.oesx.com.
Orion Energy Systems Inc.
Investor Relations
Contact
Mike Harris
Chief Financial Officer
(920)
892-5412
mharris@oesx.com
Source: Orion Energy Systems Inc.
News Provided by Acquire Media