05:23 PM EDT, 09/16/2025 (MT Newswires) -- Lightwave Logic ( LWLG ) said late Tuesday its board and Chief Executive Yves LeMaitre have agreed to extend his employment term until the end of 2028.

The electro-optic polymer materials company's Chief Financial Officer and Chief Operating Officer Jim Marcelli will also be retiring at the end of 2025.

Lightwave said it has begun a comprehensive search for Marcelli's successor.