The latest announcement is out from Lightwave Logic (LWLG).
Lightwave Logic, Inc. has updated its executive compensation agreements and company bylaws, signaling potential strategic shifts. The CEO, Dr. Michael S. Lebly, and President, James S. Marcelli, have received salary adjustments and performance-based bonus targets along with stock option grants, which vest over time. Additionally, the company’s bylaws have been amended for more consistent stockholder voting standards, hinting at a proactive governance approach. These changes could be indicative of Lightwave Logic’s focus on aligning executive incentives with company performance and enhancing shareholder engagement.
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