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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 6, 2019

Ormat Technologies, Inc.

 


 

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

001-32347

No. 88-0326081

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

6140 Plumas Street, Reno, Nevada

 

89519-6075

(Address of Principal Executive Offices)

 

(Zip Code)

(775) 356-9029

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Exchange Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Shares

ORA

NYSE

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 (a) of the Exchange Act. ☐

 



 

 

 

 

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

 

Appointment of Officer

 

On November 6, 2019, Doron Blachar, Chief Financial Officer of Ormat Technologies, Inc. (the “Company”), was appointed to serve as the Company’s President, effective immediately. As President, Mr. Blachar will assist the Chief Executive Officer, Isaac Angel, with the Company’s strategic direction and operational management.  The Company is initiating a search for a new Chief Financial Officer and, until such appointment is made, Mr. Blachar will remain in that role in addition to serving in his new role as President.

 

For Mr. Blachar’s biography and a description of his compensation, see “Executive Officers,” “Compensation Discussion and Analysis” and “Executive Compensation” in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 2, 2019. Mr. Blachar did not enter into any new or amended plans or arrangements with the Company pursuant to his appointment as President.

 

 

Item 9.01.     Financial Statements and Exhibits.

 

 

(d) Exhibits.
   

104

Cover Page Interactive Data File (embedded with Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

ORMAT TECHNOLOGIES, INC.

 

 

 

 

 

 

By:

/s/ Isaac Angel

 

 

Name:    Isaac Angel

 

 

Title:      Chief Executive Officer

 

 

 

 

 

 

Date: November 12, 2019

 

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