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  • Luminus Devices Appoints New CFO
Sep 2010
BILLERICA, Mass., Sept. 23, 2010 — Luminus Devices Inc. announced recently the appointment of Walter A. Shephard as its chief financial officer.

Responsible for the company’s worldwide finance, administrative, legal and IT operations, he will also focus his efforts on driving employee productivity and reducing operational costs.

Prior to joining the company, Shephard served as CFO at Zygo Corp. where he focused on improving the company’s business model, operational efficiencies and cost containment programs. Before Zygo, he held the vice president and CFO positions at GenRad Inc.

“Given Walter’s track record of success and diversified financial leadership background with both public and private companies, we’re excited about hi joining the senior management team at Luminus,” said Keith T.S. Ward, president and CEO. “Luminus is expanding the company and PhlatLight LEDs in new markets where traditional light sources are being phased out with long-lasting, energy-efficient solid-state LEDs.”

Luminus Devices Inc. develops and manufactures high performance solid-state light sources for the general illumination-lighting, projection display and industrial signage, and UV curing market segments.

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The use of chemicals or radiation to induce a desired change in a substance; e.g., some optical adhesives are set by exposure to ultraviolet light and are said to be UV-curing.
The general term for the application of light to a subject. It should not be used in place of the specific quantity illuminance.
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