Power Solutions International, Inc. (PSI), a trailblazer in the design and manufacturing of emission-certified engines and power systems, announced a significant addition to its leadership team with the appointment of Randall D. Lehner as General Counsel, effective March 4, 2024. This strategic move underscores PSI’s commitment to bolstering its legal and regulatory capabilities amidst an evolving global market.
Strategic Legal Leadership
Bringing over 20 years of extensive legal experience to PSI, Randall D. Lehner’s expertise spans complex commercial litigation, arbitration, regulatory compliance, and internal controls. His most recent role as associate general counsel for Guaranteed Rate, LLC, saw him playing a pivotal role in litigation and legal risk management. Lehner’s prior experience includes a partnership at Kelly, Drye & Warren, LLP, focusing on commercial litigation and regulatory matters. His academic credentials are equally impressive, with a Juris Doctor degree from Duke University and a Bachelor of Arts in political science from the University of Michigan, both with high honors.
PSI’s decision to bring Lehner on board comes at a critical juncture as the company navigates the complexities of the global energy, industrial, and transportation markets. PSI is renowned for its fuel-agnostic approach to power systems, offering solutions that run on a variety of fuels including natural gas, propane, gasoline, diesel, and biofuels. The company’s engines and power systems support a wide range of applications, from stationary and mobile power generation to medium-duty trucks and buses. With Lehner’s appointment, PSI aims to reinforce its leadership and strategic direction, particularly in legal and regulatory matters that are crucial for sustaining innovation and a competitive edge.
Comprehensive Compensation Package
As part of his employment agreement, Lehner will receive a competitive salary, performance incentives, and a vehicle allowance, illustrating PSI’s commitment to attracting and retaining top talent. This comprehensive compensation package not only reflects the value PSI places on Lehner’s expertise but also signals the company’s readiness to invest in its future growth and stability.
Lehner’s appointment as General Counsel is more than just a leadership change; it is a strategic maneuver designed to navigate PSI through the intricate legal and regulatory landscapes of the global markets it serves. With a seasoned legal expert like Lehner at the helm, PSI is well-positioned to tackle the challenges ahead, ensuring compliance, mitigating risks, and seizing opportunities for innovation and expansion.
