Luna Innovations Appoints Kevin Ilcisin As Its New President And CEO, Effective August 1, 2024
The company also announced the retirement of Richard Roedel from the Board of Directors after nearly 20 years of service, and the closing of a $15 million junior secured term loan facility.
Ilcisin succeeds Richard Roedel, who informed the Board on July 12, 2024, that, after nearly 20 years of dedicated service to the Company, he was stepping down as Interim President and Interim Executive Chairman of the Company due to health reasons, effective immediately.
On July 16, 2024, Warren B. (Barry) Phelps, III was appointed Chair of the Board of Directors.