Scott A. Graeff Named President and CEO of Luna Innovations
23 Outubro 2017 - 11:00AM
Business Wire
Luna Innovations Incorporated (NASDAQ: LUNA), today announced
that its board of directors has appointed Scott Graeff as the
company’s president and chief executive officer effective
immediately. Graeff, who has been serving as chief strategy
officer, treasurer and secretary, replaces My Chung, who has
retired from the company. Graeff will also join the board of
directors.
Graeff joined Luna in August 2003. Throughout his tenure, he has
held various positions, including chief operating officer, chief
financial officer and chief commercialization officer. In these
roles, Graeff assumed the leadership role for numerous significant
events in Luna’s history, including its initial public offering,
the sale of the fiber optic shape sensing technology to Intuitive
Surgical, Inc., the merger with Advanced Photonix, Inc., and most
recently, as the acting general manager of the Picometrix Division,
the sale of the high-speed optical receivers business to MACOM
Technology Solutions Holdings, Inc.
"From the time I joined Luna I’ve been fortunate to have worked
with exceptional people across the organization,” Chung said.
“Together we positioned the company for future success. I am
pleased to hand over leadership responsibilities to Scott.”
“I have worked closely with Scott since joining the Luna board
in 2005 and I am confident he will provide the leadership and
continuity for our continued success,” added Richard Roedel,
chairman of the board.
“I am very proud and excited to have this opportunity to lead
Luna and to continue to execute our growth strategy and guide this
company over the long term through the ever-evolving landscape in
the fast-paced optical technology industry,” Graeff said. “With
industry-leading products and dedicated employees, we are
well-positioned to expand our operations and improve our operating
results. And as we transition seamlessly to new leadership, I would
also like to thank My for his many contributions to our success and
wish him all the best in his retirement.”
About Luna:
Luna Innovations Incorporated (www.lunainc.com) is a leader in
optical technology, providing unique capabilities in high speed
optoelectronics and high performance fiber optic test products for
the telecommunications industry and distributed fiber optic sensing
for the aerospace and automotive industries. Luna is organized into
two business segments which work closely together to turn ideas
into products: a Technology Development segment and a Products and
Licensing segment. Luna’s business model is designed to
accelerate the process of bringing new and innovative technologies
to market.
Forward-Looking Statements:
The statements in this release that are not historical facts
constitute “forward-looking statements” made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties. These statements include
the company’s expectations Luna’s growth strategy, the expansion of
its operations and its future operating performance. Management
cautions the reader that these forward-looking statements are only
predictions and are subject to a number of both known and unknown
risks and uncertainties, and actual results may differ materially
from those expressed or implied by these forward-looking statements
as a result of a number of factors. These factors include, without
limitation, failure of demand for the company’s products and
services to meet expectations, technological challenges and those
risks and uncertainties set forth in the company’s periodic reports
and other filings with the Securities and Exchange Commission
("SEC"). Such filings are available on the SEC’s website at
www.sec.gov and on the company’s website at www.lunainc.com. The
statements made in this release are based on information available
to the company as of the date of this release and Luna undertakes
no obligation to update any of the forward-looking statements after
the date of this release.
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version on businesswire.com: http://www.businesswire.com/news/home/20171023005756/en/
Luna Innovations IncorporatedInvestor Contact:Dale
Messick, CFO1-540-769-8400IR@lunainc.com
Luna Innovations (NASDAQ:LUNA)
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