Orion's CFO, Bill Hull, Plans to Retire Following Q2 Reporting in November

MANITOWOC, Wis., Sept. 23, 2020 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), is a provider of LED lighting systems and turnkey project implementation including commissioning and installation of fixtures, controls and IoT systems, ongoing system maintenance and program management. Today Orion announced that its CFO William T. “Bill” Hull, plans to retire in November, upon the successful filing of Orion's filing of its Quarterly Report on Form 10-Q for the quarter ending September 30, 2020. Orion also announced that it is conducting a search for a new CFO. Bill has served as CFO, Chief Accounting Officer and Treasurer since October 2015 and as EVP since April 2017.

Mike Altschaefl, Orion’s CEO and Board Chair, commented, “On behalf of the Company and our Board, I want to thank Bill for his significant contributions to the company over the past five years, including the important role he played in repositioning Orion for long term success by building out and validating our unique design, build and install LED lighting and controls retrofit capabilities. I’ve had the pleasure of working closely with Bill both as a director and as CEO, and I truly appreciate his dedication to our success. Orion has a very solid balance sheet and a clear roadmap for ongoing operational and financial discipline that he helped to shape. We appreciate Bill’s commitment to ensuring a smooth transition in the CFO role and wish him all the best in retirement.”

Orion CFO, Bill Hull, added, “I am grateful to all my colleagues and proud of what we have accomplished during my tenure at Orion, and I am very confident in the business outlook. My decision to retire was made easier by the strength of Orion’s team, its products and service capabilities and its solid financial position. Orion has a very promising future, and I am committed to ensuring a smooth and successful transition for the new CFO.”

About Orion Energy Systems

Orion is a manufacturer of LED lighting systems and manages turnkey project implementation including commissioning and installation of fixtures, controls and IoT solutions, ongoing system maintenance and program management, helping customers to digitize their business and reduce their carbon footprint.

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