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Lightwave Logic Director Frederick Leonberger to Retire from Board of Directors and Transition to Company's Advisory Board

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Lightwave Logic (NASDAQ: LWLG) announced that Dr. Frederick J. Leonberger will retire from the company's Board of Directors on December 31, 2024, after serving for eight years. Following his retirement, Dr. Leonberger will transition to the company's Advisory Board, maintaining his involvement with the organization in a different capacity.

Board Chairman Ronald Bucci expressed gratitude for Dr. Leonberger's service and commitment to the company's future success, welcoming his continued involvement through the Advisory Board role.

Lightwave Logic (NASDAQ: LWLG) ha annunciato che il Dr. Frederick J. Leonberger si ritirerà dal Consiglio di Amministrazione dell'azienda il 31 dicembre 2024, dopo aver servito per otto anni. Dopo il suo ritiro, il Dr. Leonberger passerà al Consiglio Consultivo dell'azienda, mantenendo il suo coinvolgimento con l'organizzazione in un altro ruolo.

Il Presidente del Consiglio Ronald Bucci ha espresso gratitudine per il servizio e l'impegno del Dr. Leonberger verso il futuro successo dell'azienda, accogliendo il suo continuo coinvolgimento attraverso il ruolo nel Consiglio Consultivo.

Lightwave Logic (NASDAQ: LWLG) anunció que el Dr. Frederick J. Leonberger se retirará de la Junta Directiva de la compañía el 31 de diciembre de 2024, tras haber servido durante ocho años. Después de su retiro, el Dr. Leonberger pasará al Consejo Asesor de la compañía, manteniendo su involucramiento con la organización en una capacidad diferente.

El Presidente de la Junta, Ronald Bucci, expresó su agradecimiento por el servicio y el compromiso del Dr. Leonberger con el futuro éxito de la compañía, dando la bienvenida a su continuo involucramiento a través del rol en el Consejo Asesor.

라이트웨이브 로직 (NASDAQ: LWLG)는 프레드릭 J. 리온버거 박사가 2024년 12월 31일에 회사 이사회를 은퇴할 것이라고 발표했습니다. 그는 8년 동안의 임기를 마친 뒤, 이사회에서 자문위원회로 이동하여 다른 방식으로 조직에 참여할 것입니다.

이사회 의장인 로널드 부치는 리온버거 박사의 서비스와 회사의 미래 성공에 대한 헌신에 감사를 표하며, 자문위원회 역할을 통한 그의 지속적인 참여를 환영했습니다.

Lightwave Logic (NASDAQ: LWLG) a annoncé que le Dr Frederick J. Leonberger prendra sa retraite du Conseil d'Administration de l'entreprise le 31 décembre 2024, après y avoir servi pendant huit ans. Après sa retraite, le Dr Leonberger passera au Conseil Consultatif de l'entreprise, maintenant ainsi son implication au sein de l'organisation sous une autre forme.

Le Président du Conseil, Ronald Bucci, a exprimé sa gratitude pour le service et l'engagement du Dr Leonberger envers le succès futur de l'entreprise, accueillant ainsi sa poursuite d'implication à travers son rôle dans le Conseil Consultatif.

Lightwave Logic (NASDAQ: LWLG) gab bekannt, dass Dr. Frederick J. Leonberger am 31. Dezember 2024 aus dem Vorstand des Unternehmens ausscheiden wird, nachdem er acht Jahre lang gedient hat. Nach seinem Rücktritt wird Dr. Leonberger in den Beirat des Unternehmens wechseln und somit in anderer Funktion weiterhin mit der Organisation verbunden bleiben.

Vorstands­vorsitzender Ronald Bucci drückte seine Dankbarkeit für Dr. Leonbergers Dienst und Engagement für den zukünftigen Erfolg des Unternehmens aus und begrüßte seine fortgesetzte Beteiligung im Rahmen seiner Rolle im Beirat.

Positive
  • Retention of Dr. Leonberger's expertise through Advisory Board role ensures continuity of strategic guidance
Negative
  • Loss of experienced board member after eight-year tenure

ENGLEWOOD, Colo., Jan. 2, 2025 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG) announced today that Dr. Frederick J. Leonberger will transition from the Company's Board of Directors to the Company's Advisory Board following his retirement from the Board on December 31, 2024. Dr. Leonberger's retirement marks the conclusion of a distinguished eight-year tenure on the Board.

"On behalf of the entire Board of Directors, I would like to thank Fred for his outstanding service and counsel to Lightwave Logic over the past eight years," said Ronald Bucci, Chairman of the Board. "We are deeply grateful for Fred's commitment to our future success and appreciate his willingness to advise the Company as a member of our Advisory Board. We wish Fred all the best in his retirement."

About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) www.lightwavelogic.com is a technology platform company leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor. The Company's high activity and high stability organic polymers allow it to create next-generation photonic EO devices that convert data from electrical signals into light/optical signals for applications in telecommunications, and for data transmission potentially used to support generative AI.

Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1. A "Risk Factors" in our most recent Form 10-K and 10-Q; other risks to which our company is subject; other factors beyond the company's control.

Contacts:
Ryan Coleman or Nick Teves
Alpha IR Group for Lightwave Logic
lwlg@alpha-ir.com
312-445-2870

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lightwave-logic-director-frederick-leonberger-to-retire-from-board-of-directors-and-transition-to-companys-advisory-board-302341640.html

SOURCE Lightwave Logic, Inc.

FAQ

When will Dr. Frederick Leonberger retire from Lightwave Logic's Board of Directors?

Dr. Frederick Leonberger will retire from Lightwave Logic's Board of Directors on December 31, 2024.

How long did Dr. Leonberger serve on LWLG's Board of Directors?

Dr. Leonberger served on Lightwave Logic's Board of Directors for eight years.

What role will Dr. Leonberger take at LWLG after his retirement from the Board?

After retiring from the Board of Directors, Dr. Leonberger will transition to Lightwave Logic's Advisory Board.

Who announced Dr. Leonberger's retirement from LWLG's Board of Directors?

Ronald Bucci, Chairman of the Board, announced Dr. Leonberger's retirement and thanked him for his service.

Lightwave Logic, Inc.

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