In a significant shift for the fiber optics industry, Luna Innovations Incorporated has announced the retirement of its long-standing President and Chief Executive Officer, Scott Graeff. After a tenure spanning over two decades, Graeff’s departure marks the end of an era for the Roanoke-based company.
A Legacy of Innovation
Graeff’s leadership saw Luna Innovations grow into a global powerhouse in advanced fiber optic-based technology. His vision steered the company through numerous advancements in sensing, test and measurement, and monitoring solutions. Under his guidance, Luna not only expanded its market reach but also solidified its reputation for integrity and transparency.
The company’s success under Graeff can be attributed to a relentless focus on customer collaboration and technological excellence. Luna’s portfolio of patents and products has played a pivotal role in enhancing safety, security, and connectivity across various industries.
Steering Through Transition
With Graeff’s departure, the board has appointed Richard Roedel as the Interim Executive Chairman and President. Roedel’s immediate task is to maintain the company’s strategic direction and operational stability. His interim leadership is expected to bridge the gap until a permanent CEO is appointed.
The board has also established an Operations Committee to oversee the company’s activities during this transition. This committee is tasked with ensuring that Luna remains competitive and continues to deliver on its promises to customers and stakeholders.
Looking Ahead
Luna’s future hinges on the successful selection of a new CEO who can build on Graeff’s legacy. The company is at a critical juncture, with the potential to lead the next wave of innovation in fiber optic technology. The board’s commitment to finding a leader who embodies Luna’s values and vision is paramount to the company’s continued success.
