LED Lighting and EV Charging Solutions Provider Orion Appoints Board Member Sally Washlow as CEO; Confirms FY'25 Revenue Guidance

Core Viewpoint - Orion Energy Systems, Inc. has appointed Sally A. Washlow as the new CEO, replacing Michael H. Jenkins, to enhance focus on revenue growth and profitability [1][3]. Leadership Changes - Sally A. Washlow has been appointed as CEO, bringing over 25 years of experience in business growth and operational excellence [1][3][5]. - Scott Green has been promoted to Chief Operating Officer, responsible for sales and project management functions [2][4]. Financial Outlook - Orion expects revenue to be near the midpoint of its projected range of $77 million to $83 million for the fiscal year ending March 31, 2025 [2]. Strategic Focus - The Board believes new leadership is essential for executing revenue growth and cost containment initiatives to return to consistent profitability [3]. - Washlow expressed confidence in Orion's future, emphasizing the potential for revenue growth and enhanced profitability in the LED lighting and EV charging sectors [4]. Company Background - Orion Energy Systems specializes in energy-efficient solutions, including LED lighting and EV charging stations, aiming to help customers achieve business and environmental goals [7].