Orion Adds Charles McDulin to Board of Directors
MANITOWOC, Wis., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions announced today that it has increased the size of the board to six members and appointed Charles McDulin to its board of directors effective immediately.
Mr. McDulin is an investment analyst at Philotimo Fund, LP, a hedge fund focused on small-cap value and affiliated with Kanen Wealth Management, LLC. Kanen Wealth Management owns approximately 5.3% of Orion’s outstanding common stock.
“We are pleased that Charles is joining our board of directors as a representative of one of our significant investors. Since Charles works for Kanen Wealth Management, one of our largest shareholders, we believe he will bring an important investor-focused perspective to our board,” said Tony Otten, Chair of the Board.
Mr. McDulin’s appointment to the board of directors is pursuant to a Cooperation Agreement containing customary terms and conditions, which will be filed by Orion with the Securities and Exchange Commission as a Current Report on Form 8-K.
About Orion Energy Systems
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, maintenance services and electrical vehicle (EV) charging solutions. Orion specializes in turnkey design-through-installation solutions for large national customers, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance.
Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our ESG priorities, goals and progress here or visit our website at www.orionlighting.com.
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Orion Energy Systems, Inc.
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Orion Energy Systems, Inc.
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