Lumentum (LITE) Holdings announced that Michael Hurlston has been appointed President and Chief Executive Officer and as a Director of the Company, effective February 7. Hurlston succeeds Alan Lowe, who has served as the Company’s President and CEO since 2015. Lowe will continue to serve on Lumentum’s Board of Directors and as an advisor to the Company. “We are delighted to welcome Michael as Lumentum’s CEO as we exit a strong first half of our fiscal year,” said Penny Herscher, Chair of Lumentum’s Board of Directors. “We are confident he will help us continue and grow our current strong momentum in our cloud/AI data center strategy and build upon our success in the networking and industrial markets – contributing to an accelerated multiyear growth trajectory. Michael’s global experience, with his combined background in semiconductors and the optical communications industry, and his proven ability to lead through sustained periods of profitable growth, makes him uniquely qualified to lead our company in this specialized segment of the industry, and will enable Lumentum to capitalize on the rapidly evolving global photonics opportunity.”
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