Monday, December 23, 2024

Luna Announces Appointment of Kevin Ilcisin as CEO

Luna Innovations Incorporated, a global leader in advanced fiber optic-based technology, announced the appointment of Kevin Ilcisin as its new President and Chief Executive Officer.

Luna Innovations Incorporated 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.

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New President and CEO:

Effective August 1, 2024, Mr. Ilcisin will assume his new role as the President, CEO and member of the Board of the Company. Mr. Ilcisin has been a strategic advisor to the Company since April 2024, bringing a wealth of experience, industry knowledge and strategic leadership. Mr. Ilcisin is the co-founder of the advisory firm Juniper Strategies. Previously, Mr. Ilcisin served as Senior Vice President of Strategy and Corporate Development at National Instruments, where he was responsible for corporate strategy and led all of National Instruments’ acquisitions and divestitures. Prior to National Instruments, Mr. Ilcisin was the Chief Technology officer of Tektronix, a subsidiary of Fortive, a spin-off of Danaher Corporation, where he managed strategic planning and technology growth initiatives. Mr. Ilcisin has also held several executive roles in the semiconductor equipment, consumer electronics, and energy research industries.

Mr. Ilcisin holds a Ph.D. and M.A. degrees in Plasma Physics from Princeton University and B.Sc. in Electrical Engineering with Distinction from the University of Alberta.

Warren B. (Barry) Phelps, III, Chair of the Board, said, “The Board welcomes Kevin to the leadership team and is confident that he is well-positioned to lead Luna with respect to its pursuit of opportunities for growth and strategic alternatives.”

Mr. Ilcisin commented, “I am honored to be named President and CEO at Luna. During my time as a strategic consultant, I saw firsthand Luna’s leading market position and was deeply impressed by the dedication and passion of our talented employees. I remain confident in Luna’s tremendous potential and look forward to leading our efforts to execute Luna’s strategy and deliver on that potential.”

SOURCE: Businesswire

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