– USA, CA – Lumentum Holdings Inc. (NASDAQ: LITE), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking, and industrial applications, announced the appointment of Paul Lundstrom to its Board as an Independent Director, effective immediately, bringing the Board to nine members, of whom eight are independent.
“I am excited to welcome Paul to the Lumentum Board,” said Board chair, Penelope Herscher. “He brings a wealth of knowledge and expertise in corporate finance, manufacturing and business transformation. I am confident he will provide valuable insights as Lumentum executes its long-term strategy to grow its business and shareholder value.”
About Paul Lundstrom
Paul Lundstrom is CFO at Copeland, a global leader in sustainable climate solutions. Before Copeland, he was CFO of Flex Ltd (NASDAQ: FLEX), where he was a key member of the team that led the analysis, carve-ou,t, and IPO for Nextracker (NASDAQ: NT), and served as a member of the Nextracker Board of Directors. Before Flex, Paul Lundstrom served as CFO for Aerojet Rocketdyne (previously NYSE: AJRD). He has also held several senior finance leadership roles while at United Technologies (previously NYSE: UTX).
“Lumentum has significant opportunities for growth with its portfolio of foundational photonic technologies that underpin the explosive growth we are seeing in artificial intelligence and cloud infrastructure,” said Paul Lundstrom. “I look forward to working together with the senior leadership team and the rest of the Lumentum’s Board of Directors to capitalize on these compelling opportunities and to help build lasting value for shareholders.”
Paul Lundstrom holds a Bachelor of Science degree from Truman State University and a Master of Business Administration degree from Columbia University.
About Lumentum
Lumentum is a market-leading designer and manufacturer of innovative optical and photonic products enabling cloud, optical networking, and laser applications worldwide. Lumentum optical components and subsystems are part of virtually every type of data center, telecom, and enterprise network. Lumentum lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in San Jose, California with R&D, manufacturing, and sales offices worldwide.
For more: https://www.lumentum.com/en
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.