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ACFN > SEC Filings for ACFN > Form 8-K on 9-Jan-2014All Recent SEC Filings

Show all filings for ACORN ENERGY, INC.



Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 7, 2014, the Board of Directors of the Registrant appointed Joseph Musanti, 56, as Chief Operating Officer of Acorn Energy, Inc., effective immediately. Mr. Musanti will continue to serve as President & CEO of each of the Registrant's GridSense and OmniMetrix subsidiaries, as well as CFO of the Registrant's USSI subsidiary. He will remain a GridSense employee and it is anticipated that his annual base salary will be increased by $25,000 (the "Additional Compensation"). Registrant will reimburse GridSense for the cost of the Additional Compensation.

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