Luna Innovations Incorporated announced that its board of directors has appointed Scott Graeff as the company's president and chief executive officer effective immediately. Graeff, who has been serving as chief strategy officer, treasurer and secretary, replaces My Chung, who has retired from the company. Graeff will also join the board of directors.

Graeff joined Luna in August 2003. Throughout his tenure, he has held various positions, including chief operating officer, chief financial officer and chief commercialization officer. In these roles, Graeff assumed the leadership role for numerous significant events in Luna's history, including its initial public offering, the sale of the fiber optic shape sensing technology to Intuitive Surgical Inc., the merger with Advanced Photonix Inc., and most recently, as the acting general manager of the Picometrix Division, the sale of the high-speed optical receivers business to MACOM Technology Solutions Holdings Inc.