Power Solutions International Appoints Richard Hu as New CEO
Power Solutions International (NASDAQ: PSIX) has announced that Richard Hu will become its new Chief Executive Officer, effective August 17, 2026. Xun Li, who served as interim CEO since May 2026 and also acted as the company's CFO, will continue in his role as CFO following this leadership transition. Hu is expected to bring a wealth of experience to Power Solutions International, though specific details about his background were not provided in the announcement. The change marks a strategic shift for the company ahead of its next phase of growth and operational focus.
Tickers: $PSIX
Topics: CEO Appointment Leadership Change