leadership
confidence high
sentiment neutral
materiality 0.25
LASE adds CFO Tim Peterman and Quantum Technology's Sanjay Adhav to board, filling two vacancies
Laser Photonics Corp
- Board appointed Tim Peterman, LASE's CFO, and Sanjay Adhav, President of Quantum Technology, Inc., as directors effective Nov 3, 2026, filling two vacancies.
- Peterman was CEO of Nasdaq-listed iMedia Brands from 2019-2023 and its CFO 2015-2018; earlier senior finance roles at E.W. Scripps, IAC and Tribune.
- Adhav has led Quantum Technology since 2013, which makes electro-optical devices (Pockels cells, Q-switches, pulse isolators) for directed-energy systems.
- Executive Chairman Dmitri Nikitin said the board historically had "limited experience" in Nasdaq governance, SEC compliance, capital markets and M&A.
- Company says neither appointee has a related-party transaction under Item 404(a) or an arrangement with any other person governing the appointment.