Power Solutions International, Inc. has announced the resignation of its Chief Financial Officer, Xun (Ken) Li, effective November 27, 2026. This decision comes as Li seeks to pursue another professional opportunity. The company confirmed that Li's resignation was not the result of any disagreements with the board.
This leadership change is significant for Power Solutions International, a company operating in the engines and turbines sector. The departure of a key executive like the CFO can have implications for the company's financial oversight and strategic direction.
Background
Power Solutions International, Inc., identified by the Central Index Key (CIK) 0001137091, operates in the Engines & Turbines industry, classified under SIC code 3510. The company trades on the Nasdaq under the ticker symbol PSIX. It is incorporated in Illinois and has its principal executive offices located in Wood Dale, Illinois.
What the Filing Says
According to the SEC filing dated November 6, 2026, Li notified the board of his resignation on November 3, 2026. The filing states, "Mr. Li's resignation was not the result of any disagreement with the Company." This indicates a smooth transition rather than a contentious departure.
Impact
The resignation of a CFO can affect various stakeholders, including investors, employees, and partners. As Power Solutions International navigates this transition, it will be crucial for the company to ensure continuity in its financial management and strategic initiatives.
What's Next
The filing does not say what happens next regarding the appointment of a new CFO or any interim measures that may be taken.
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