LightPath Technologies, Inc. Appoints Steven Eric Creviston to Serve on the Board
March 09, 2021 at 04:02 pm EST
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On March 4, 2021, the Board of Directors of LightPath Technologies, Inc. appointed Steven Eric Creviston to serve on the Board effective immediately. Mr. Creviston was appointed to fill a vacancy created by Dr. Steven Brueck’s recent retirement. Mr. Creviston will serve as a Class II director. The company expects that Mr. Creviston will be nominated for election by stockholders with other Class II directors at annual stockholders’ meeting proposed to be held in fiscal 2022. The Board evaluated Mr. Creviston’s independence in accordance with the independence standards for directors set in Rule 5605(a)(2) of the Nasdaq Listing Rules, and affirmatively determined that Mr. Creviston qualifies as an independent director. Mr. Creviston has been appointed to serve on the Compensation and Finance Committees.
LightPath Technologies, Inc. is a vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries. The Company designs and manufactures optical and infrared components, including molded glass aspheric lenses and assemblies, custom molded glass freeform lenses, infrared lenses and thermal imaging assemblies, fused fiber collimators, and Black DiamondTM (BD6) chalcogenide-based glass lenses. Its business is organized into three product groups: Precision molded optics (PMO), infrared products and specialty products. Its PMO product group consists of visible precision molded optics with varying applications. Its infrared product group is comprised of infrared optics, both molded and diamond-turned, and thermal imaging assemblies. Its specialty product group is comprised of value-added products, such as optical subsystems, assemblies, collimators, and non-recurring engineering (NRE) products.