Luna Appoints Eva Hartmann to Head of Human Resources

Rhea-AI Summary

Luna Innovations (NASDAQ: LUNA) has appointed Eva Hartmann as the new Senior Vice President of Human Resources, effective immediately, following the retirement of Bill Van Anglen. Hartmann brings over 25 years of HR experience, previously serving as Chief Human Resources Officer at Schnabel Engineering. She will report to CEO Scott A. Graeff and oversee the company's human capital strategy, including talent management and diversity initiatives. Graeff expressed optimism about Hartmann's capability to enhance Luna's workforce and culture in a competitive labor market.

Positive

• Eva Hartmann's extensive HR experience is likely to strengthen the company's talent management strategies.
• The leadership transition is expected to provide fresh perspectives in human resources, enhancing employee engagement.

Negative

• Bill Van Anglen's retirement may raise concerns about continuity and the transition of established HR processes.

Incumbent Bill Van Anglen retiring

ROANOKE, Va.--(BUSINESS WIRE)-- Luna Innovations Inc. (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced that Eva Hartmann will join the company as senior vice president, Human Resources, effective immediately. Ms. Hartmann succeeds Bill Van Anglen, who will be retiring from the Company after ensuring a smooth transition. The position will report to CEO Scott A. Graeff and will be responsible for all aspects of the company’s human capital strategy and execution, including talent management, training and development, compensation and benefits, diversity, equity and inclusion.

“We are excited to add an HR leader of Eva’s caliber to the Luna team. She brings experience developing and leading strategic programs and talent initiatives, and is passionate about the role that people play in driving business success. Human capital is the most important component in our innovation and serving customers with excellence. Eva is the right executive to ensure that Luna excels in today’s labor markets,” said Graeff. "Bill has been instrumental in leading our human resources functions globally, establishing standardized systems and processes, successfully integrating the employees and cultures of our recent acquisitions, and playing a key role in developing our team organically. I wish him the best in his retirement."

Hartmann comes to Luna with more than 25 years of experience as a strategic, results-driven and innovative HR leader and has worked in a variety of industries, from engineering to Fortune 500 consulting. Most recently, she served as the Chief Human Resources Officer and EVP for Schnabel Engineering, an award-winning engineering consulting firm. She started her career at Accenture and other previous experience includes HR leadership positions in companies such as Sun Microsystems, Wachovia Securities and Tredegar Corporation.

Hartmann holds an MBA from the College of William and Mary and a BA in Anthropology from the University of Virginia. She is a Past President of Richmond Society of Human Resources Management (SHRM) and is an adjunct MBA faculty member and mentor with the University of Richmond’s Robins School of Business. Eva currently serves on the Board of the Richmond Forum, the largest non-profit speaker series in the nation.

Ms. Hartmann commented, "I am proud to join the Luna team, and I look forward to being an integral part of providing all of its employees with an envied work environment. I am also eager to begin working with my colleagues refining company culture and accelerating business objectives through talent strategies and organizational capabilities."

About Luna

Luna Innovations Incorporated (www.lunainc.com) is a leader in optical technology, providing unique capabilities in high-performance, fiber optic-based, test products for the telecommunications industry and distributed fiber optic-based sensing for a multitude of industries. 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 Luna's expectations regarding its growth, success and talent acquisition. 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, performance, and/or achievements of Luna may differ materially from the future results, performance, and/or achievements 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 Luna's products and services to meet expectations, failure of target market to grow and expand, technological and strategic challenges and those risks and uncertainties set forth in Luna’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 Luna’s website at www.lunainc.com. The statements made in this release are based on information available to Luna 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221024005233/en/

Allison Woody

Luna Innovations Incorporated

Phone: (540) 769-8465

Email: IR@lunainc.com

Source: Luna Innovations Inc.

FAQ

Who is the new Senior Vice President of Human Resources at Luna Innovations?

Eva Hartmann has been appointed as the Senior Vice President of Human Resources at Luna Innovations.

What experience does Eva Hartmann bring to Luna Innovations?

Eva Hartmann brings over 25 years of HR experience, having previously served as Chief Human Resources Officer at Schnabel Engineering.

What is the reason for the leadership change at Luna Innovations?

The leadership change is due to the retirement of Bill Van Anglen, who was instrumental in HR functions globally.

How might the new HR leader impact Luna Innovations?

Eva Hartmann is expected to enhance talent management and company culture, positively influencing employee engagement.

When did Eva Hartmann start her role at Luna Innovations?

Eva Hartmann started her role as Senior Vice President of Human Resources immediately.

What will Eva Hartmann's responsibilities include at Luna Innovations?

Hartmann will oversee all aspects of the company’s human capital strategy, including talent management, training, and diversity initiatives.