Power Solutions International, Inc. Announces Executive Changes
February 16, 2021 at 01:12 pm
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On February 16, 2021, Power Solutions International, Inc. announced the appointment of Lance Arnett to serve as the Company’s Chief Executive Officer effective February 15, 2021 (the “Effective Date”). Mr. Arnett will succeed John P. Miller, who has retired from his position as Chief Executive Officer and President by mutual agreement with the Company effective the Effective Date following a transition period. Mr. Arnett, age 50, has served as PSI’s Chief Commercial Officer since November 18, 2019. Mr. Arnett has more than 25 years of sales, business development and operational experience. Prior to joining the Company, from January 2009 to November 2019, he worked at Cummins Inc.
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.