Lightwave Logic Appoints Dr. Michael Lebby as CEO

Ticker: LWLG · Form: 8-K · Filed: 2024-09-09T00:00:00.000Z

Sentiment: neutral

Topics: management-change, ceo-appointment, board-of-directors

Related Tickers: LWLG

TL;DR

Lightwave Logic just hired Dr. Michael Lebby as CEO, effective Sept 4. Big optics guy.

AI Summary

Lightwave Logic, Inc. announced on September 4, 2024, the appointment of Dr. Michael Lebby as Chief Executive Officer and a member of the Board of Directors. Dr. Lebby, previously the CEO of Lightwave Communications, brings extensive experience in optical networking and semiconductor industries. This appointment is effective immediately.

Why It Matters

The appointment of a new CEO with a strong background in optical networking could signal a strategic shift or renewed focus for Lightwave Logic in the competitive semiconductor market.

Risk Assessment

Risk Level: medium — CEO changes can introduce uncertainty regarding strategy and execution, but Dr. Lebby's relevant experience mitigates some risk.

Key Players & Entities

FAQ

What is the effective date of Dr. Michael Lebby's appointment as CEO?

Dr. Michael Lebby's appointment as CEO is effective September 4, 2024.

What was Dr. Michael Lebby's previous role?

Dr. Michael Lebby was previously the CEO of Lightwave Communications.

In what capacity has Dr. Michael Lebby joined the Board of Directors?

Dr. Michael Lebby has joined the Board of Directors as a member.

What industry does Dr. Lebby have extensive experience in?

Dr. Lebby has extensive experience in optical networking and semiconductor industries.

What is the exact name of the company filing this report?

The exact name of the company is Lightwave Logic, Inc.

Filing Stats: 881 words · 4 min read · ~3 pages · Grade level 10.6 · Accepted 2024-09-09 16:00:09

Key Financial Figures

Filing Documents

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Appointment of Thomas M. Connelly, Jr. to Board of Directors On September 4, 2024, the Board of Directors (the " Board ") of Lightwave Logic, Inc. (the " Company ") appointed Thomas M. Connelly, Jr. to the Board to serve as a Class III director to fill a vacancy created by an increase in the size of the Board from eight members to nine members, effective September 4, 2024. Mr. Connelly joins the Board with extensive experience as an executive leader and as board member for various profit and not for profit organizations. From 2015 until January 2023, Mr . Connelly served as Chief Executive Officer of American Chemical Society (" ACS "). While leading ACS, he grew membership, journal usage, and ACS's chemical knowledge offerings, worldwide. From 2000 to 2014, Mr . Connelly served as a member of DuPont's Office of the Chief Executive, first as Senior Vice President and Chief Science and Technology Officer, and from 2008, as Executive Vice President and Chief Innovation Officer. In this latter role, Mr . Connelly's responsibilities varied over time, but included DuPont Science and Technology, operations in all regions outside the US, integrated operations (sourcing, production, engineering), and P&L oversight of biobased materials, electronic materials, engineering polymers, industrial polymers, and automotive finishes. Mr. Connelly was elected to the National Academy of Engineering, and has chaired and served on several committees within the National Academies. He has also served in advisory roles to the U.S. Government and the Republic of Singapore. Mr . Connelly graduated with highest honors from Princeton University with degrees in Chemical Engineering and Economics. As a Winston Churchill Scholar, he received his doctorate in chemical engineering from the University of Cambridge. Mr. Connelly will be com

01. Regulation

Item 7.01. Regulation FD Disclosure. On September 9, 2024, the Company issued a press release regarding the appointment of Mr. Connelly to the Board. A copy of the foregoing press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (this " Current Report ") and is incorporated by reference herein. The information set forth under Item 7.01 of this Current Report, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release of Lightwave Logic, Inc. dated September 9, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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. LIGHTWAVE LOGIC, INC. By: /s/ James S. Marcelli Name: James S. Marcelli Title: President Dated: September 9, 2024

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