LED Lighting and EV Charging Solutions Provider Orion Appoints Board Member Sally Washlow as CEO; Confirms FY’25 Revenue Guidance
Orion Energy Systems (OESX) has appointed Board member Sally A. Washlow as CEO, replacing Michael H. Jenkins. The company also promoted Scott Green to Chief Operating Officer from his previous role as EVP and President of Orion Services Group.
The LED lighting and EV charging solutions provider expects revenue near the midpoint of its $77M - $83M outlook range for fiscal year ending March 31, 2025. The Board believes new leadership is necessary to better focus on revenue growth, cost containment, and returning to consistent profitability.
Washlow, who joined Orion's Board in 2022, brings over 25 years of experience, including her previous role as President of Cobra Electronics and CEO of Cedar Electronics. Green, with nearly thirty years of lighting industry experience, will oversee sales and project management functions as COO.
Orion Energy Systems (OESX) ha nominato il membro del Consiglio Sally A. Washlow come CEO, sostituendo Michael H. Jenkins. L'azienda ha anche promosso Scott Green a Chief Operating Officer dal suo precedente ruolo di EVP e Presidente di Orion Services Group.
Il fornitore di soluzioni di illuminazione a LED e di ricarica per veicoli elettrici prevede ricavi vicino al punto medio della sua fascia di previsione di $77M - $83M per l'anno fiscale che termina il 31 marzo 2025. Il Consiglio ritiene che una nuova leadership sia necessaria per concentrarsi meglio sulla crescita dei ricavi, sul contenimento dei costi e sul ritorno a una redditività costante.
Washlow, che è entrata a far parte del Consiglio di Orion nel 2022, porta con sé oltre 25 anni di esperienza, inclusa la sua precedente posizione come Presidente di Cobra Electronics e CEO di Cedar Electronics. Green, con quasi trent'anni di esperienza nel settore dell'illuminazione, supervisionerà le funzioni di vendita e gestione dei progetti come COO.
Orion Energy Systems (OESX) ha nombrado a la miembro de la Junta Sally A. Washlow como CEO, reemplazando a Michael H. Jenkins. La compañía también promovió a Scott Green a Director de Operaciones desde su rol anterior como EVP y Presidente de Orion Services Group.
El proveedor de soluciones de iluminación LED y carga de vehículos eléctricos espera ingresos cerca del punto medio de su rango de pronóstico de $77M - $83M para el año fiscal que termina el 31 de marzo de 2025. La Junta cree que es necesaria una nueva dirección para enfocarse mejor en el crecimiento de ingresos, la contención de costos y el regreso a una rentabilidad consistente.
Washlow, quien se unió a la Junta de Orion en 2022, aporta más de 25 años de experiencia, incluyendo su rol anterior como Presidenta de Cobra Electronics y CEO de Cedar Electronics. Green, con casi treinta años de experiencia en la industria de la iluminación, supervisará las funciones de ventas y gestión de proyectos como COO.
오리온 에너지 시스템즈 (OESX)가 이사인 샐리 A. 워시로를 CEO로 임명하며 마이클 H. 젠킨스를 대체했습니다. 회사는 또한 스콧 그린을 오리온 서비스 그룹의 EVP 및 사장에서 COO로 승진시켰습니다.
LED 조명 및 전기차 충전 솔루션 제공업체는 2025년 3월 31일에 종료되는 회계연도에 대한 $77M - $83M 전망 범위의 중간값에 가까운 수익을 예상하고 있습니다. 이사회는 수익 성장, 비용 절감 및 지속적인 수익성 회복에 더 집중하기 위해 새로운 리더십이 필요하다고 믿고 있습니다.
2022년에 오리온 이사회에 합류한 워시로는 코브라 일렉트로닉스의 사장 및 시더 일렉트로닉스의 CEO로서의 이전 역할을 포함하여 25년 이상의 경험을 가지고 있습니다. 조명 산업에서 거의 30년의 경험을 가진 그린은 COO로서 판매 및 프로젝트 관리 기능을 감독할 것입니다.
Orion Energy Systems (OESX) a nommé la membre du Conseil Sally A. Washlow en tant que PDG, remplaçant Michael H. Jenkins. L'entreprise a également promu Scott Green au poste de Directeur des Opérations depuis son rôle précédent d'EVP et Président d'Orion Services Group.
Le fournisseur de solutions d'éclairage LED et de recharge pour véhicules électriques s'attend à des revenus proches du point médian de sa fourchette de prévisions de $77M - $83M pour l'exercice se terminant le 31 mars 2025. Le Conseil croit qu'un nouveau leadership est nécessaire pour mieux se concentrer sur la croissance des revenus, la maîtrise des coûts et le retour à une rentabilité constante.
Washlow, qui a rejoint le Conseil d'Orion en 2022, apporte plus de 25 ans d'expérience, y compris son rôle précédent en tant que Présidente de Cobra Electronics et PDG de Cedar Electronics. Green, avec près de trente ans d'expérience dans l'industrie de l'éclairage, supervisera les fonctions de vente et de gestion de projet en tant que COO.
Orion Energy Systems (OESX) hat das Vorstandsmitglied Sally A. Washlow zur CEO ernannt und ersetzt damit Michael H. Jenkins. Das Unternehmen hat auch Scott Green von seiner vorherigen Rolle als EVP und Präsident der Orion Services Group zum Chief Operating Officer befördert.
Der Anbieter von LED-Beleuchtung und Lösungen für das Laden von Elektrofahrzeugen erwartet Einnahmen nahe dem Mittelpunkt seiner Prognose von $77M - $83M für das zum 31. März 2025 endende Geschäftsjahr. Der Vorstand ist der Ansicht, dass eine neue Führung notwendig ist, um sich besser auf das Umsatzwachstum, die Kosteneinsparung und die Rückkehr zu einer konstanten Rentabilität zu konzentrieren.
Washlow, die 2022 in den Vorstand von Orion eintrat, bringt über 25 Jahre Erfahrung mit, einschließlich ihrer vorherigen Rolle als Präsidentin von Cobra Electronics und CEO von Cedar Electronics. Green, der fast dreißig Jahre Erfahrung in der Beleuchtungsbranche hat, wird als COO die Verkaufs- und Projektmanagementfunktionen überwachen.
- Experienced new CEO appointment with proven track record in business growth and operational excellence
- Revenue guidance maintained in $77M-$83M range for FY2025
- Internal promotion of experienced executive to COO role strengthens leadership team
- CEO replacement indicates Board's dissatisfaction with current business execution
- Company struggling with profitability issues requiring leadership change
- Stock price performance concerns acknowledged by Board
MANITOWOC, Wis., April 14, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that Orion’s Board of Directors has appointed Orion Board member Sally A. Washlow as the Company’s Chief Executive Officer, replacing Michael H. Jenkins, who is leaving the company.
Additionally, the Board promoted Orion EVP and President of Orion Services Group, Scott Green, to the role of Chief Operating Officer. Orion also announced that it expects revenue near the midpoint of its
Anthony Otten, Orion’s Board Chair, commented, “We thank Mike for his leadership and many contributions to our Company the past two and half years. However, our Board believes that new leadership is necessary to better focus the Company on executing Orion’s revenue growth and cost containment initiatives and returning Orion to consistent profitability. We believe Sally has the right skill set, experience and public company knowledge to lead Orion to achieve those objectives and to return our stock price to an acceptable level.”
Ms. Washlow, who joined Orion’s Board in 2022, is an accomplished executive leader with over 25 years of experience driving business growth, operational excellence, and financial success. With a proven track record of leadership across multiple industries, she has demonstrated expertise in strategic planning, operational transformation, and sales and marketing leadership.
Ms. Washlow said, “There is more work to be done, but I firmly believe Orion’s future is bright, with long-standing, strong positions in our complementary LED lighting, EV charging station and electrical maintenance businesses. We have a solid foundation upon which to drive revenue growth, enhance profitability, and become a positive cash flow generating company.”
Mr. Green has nearly thirty years of lighting industry experience. He joined Orion in 2013 with the acquisition of Harris Lighting where he served in senior leadership roles. As COO, Mr. Green will be primarily responsible for Orion’s sales and project management functions.
Ms. Washlow previously served as President of Nasdaq-traded Cobra Electronics and was named CEO following its transition to private equity ownership as Cedar Electronics, with total revenue over
Earlier in her career, Ms. Washlow held leadership roles at Motorola and LG Electronics, where she gained extensive experience in supply chain management, product marketing, and sales. Most recently, she has served as a Practice Leader for LHH’s International Center for Executive Options, a boutique provider of executive advisory services. She has served on a variety of public and private boards and currently serves on the board of Data IO and Northbrook Bank & Trust a subsidiary of Wintrust Financial. Ms. Washlow earned a BA in Supply Chain Management from Michigan State University and a Master of Business Administration in Marketing from DePaul University.
About Orion Energy Systems (www.orionlighting.com)
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, 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 Sustainability and Governance priorities, goals and progress here or visit our website at www.orionlighting.com.
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Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at http://www.sec.gov or at http://investor.oriones.com/ in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.
Twitter: @OrionLighting and @OrionLightingIR
StockTwits: @Orion_LED_IR
Orion Energy Systems, Inc.
| Investor Relations Contacts | |
| Anthony Otten, Board Chair | William Jones; David Collins |
| Orion Energy Systems, Inc. | Catalyst IR |
| alotten@stillwatergrp.com | (212) 924-9800 or OESX@catalyst-ir.com |
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