Lightwave Logic Appoints New CEO and Board Chairman

Ticker: LWLG · Form: 8-K · Filed: 2025-01-02T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, board-changes, leadership

Related Tickers: LWLG

TL;DR

LWLG just swapped CEOs and got a new board chair. Big changes incoming?

AI Summary

Lightwave Logic, Inc. announced on December 27, 2024, a series of executive and board changes. These include the appointment of Dr. Michael Lebby as Chief Executive Officer and a member of the Board of Directors, and the appointment of Dr. Robert L. Zimmer as Chairman of the Board. The company also announced the departure of Dr. Alan W. R. Jones from the Board of Directors.

Why It Matters

These leadership changes at Lightwave Logic could signal a new strategic direction for the company, potentially impacting its future product development and market positioning in the advanced materials sector.

Risk Assessment

Risk Level: medium — Leadership changes can introduce uncertainty and signal shifts in strategy, which may affect the company's performance and stock price.

Key Players & Entities

FAQ

Who has been appointed as the new CEO of Lightwave Logic?

Dr. Michael Lebby has been appointed as the new Chief Executive Officer of Lightwave Logic.

Who is the new Chairman of the Board at Lightwave Logic?

Dr. Robert L. Zimmer has been appointed as the new Chairman of the Board.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on December 27, 2024.

Who has departed from the Board of Directors?

Dr. Alan W. R. Jones has departed from the Board of Directors.

What is Lightwave Logic's state of incorporation?

Lightwave Logic, Inc. is incorporated in Nevada.

Filing Stats: 438 words · 2 min read · ~1 pages · Grade level 12 · Accepted 2025-01-02 17:02:39

Key Financial Figures

Filing Documents

02 Departure of Directors or Certain Officers; Election

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Fred Leonberger On December 27, 2024, Fred Leonberger tendered his resignation as a member of the Board of Directors (the "Board") of Lightwave Logic, Inc. (the "Company") effective December 31, 2024 in connection with his retirement. Dr. Leonberger's resignation is not a result of any disagreement between himself and the Company, its management, the Board or any committee of the Board. On January 1, 2025, Dr. Leonberger became a member of the Company's Advisory Board.

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: Chief Financial Officer Dated: January 2, 2025

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