Orion Energy Systems Reinstates CEO Sally Washlow’s $500,000 Signing Bonus and Stock Purchase

Reuters
2025.11.14 21:31
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Orion Energy Systems Inc. has reinstated a $500,000 cash signing bonus for incoming CEO Sally A. Washlow, with $300,000 allocated for purchasing Orion's common stock. The shares will be issued on November 19, 2025, at a price based on the average closing price over the five preceding trading days. This decision follows a previous deferral agreement, now approved by Orion's Human Capital Management and Compensation Committee.