Power Solutions International, Inc Announces Board Changes
August 21, 2019 at 05:09 pm EDT
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On August 15, 2019, Huisheng Liu submitted his resignation from the Board of Directors of Power Solutions International, Inc. and all committees thereof, effective August 20, 2019. Mr. Liu was a member of the Board’s compensation committee. Mr. Liu’s resignation is not based upon any disagreement with the Company on any matter relating to the respective operations, policies, or practices of the Company. The board appointed Mr. Wu as a director effective immediately. Mr. Wu has served as the Chief Financial Officer, International Business of Weichai Group Holdings Limited. Mr. Wu also serves as a member of the board of directors of Weichai and a number of Weichai affiliates. Mr. Wu joined Weichai Group in 2012 and previously served as Senior Manager, International Business. Prior to joining Weichai Group, Mr. Wu was employed at PriceWaterhouseCoopers in various roles of increasing seniority from 2003 until 2012.
Power Solutions International, Inc. designs, engineers, manufactures, markets and sells a broad range of advanced, emission-certified engines and power systems that are powered by a wide variety of clean, alternative fuels, including natural gas, propane, and biofuels, as well as gasoline and diesel options, within the power systems, industrial and transportation end markets. The Companyâs products are primarily used by global original equipment manufacturers (OEMs) and end user customers. The Companyâs products include power systems, electric power generation (gensets), large custom genset enclosures, mobile and stationary gensets for: emergency standby, rental, prime power, demand response, microgrid, oil and gas, data center, renewable energy resiliency (wind, solar, storage), combined heat and power (CHP), industrial material handling, agricultural/arbor care, irrigation/pumps, construction, compressors, wood chippers, stump grinders, and sweepers/industrial scrubbers.