Jim Gaynor Intends to Retire as President and Chief Executive Officer of LightPath Technologies, Inc. in June 2020
June 03, 2019 at 09:07 am
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LightPath Technologies, Inc. announced that Jim Gaynor intends to retire as President and Chief Executive Officer in June 2020 after more than 12 years with the Company. Mr. Gaynor will continue to serve as the Company's Chief Executive Officer and President until a successor has been selected and will assist the Company's board of directors in its ongoing succession planning. He will also continue to serve as a director.
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.