Penny Stock News: Lighting Science Group Appoints James Haworth as CEO

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SATELLITE BEACH, Fla., – Lighting Science Group (OTCBB: LSCG), a leading American maker of LED-based lighting, announced today that it has hired James Haworth, former Philips Professional Luminaires North America head of marketing and strategy as well as former chief executive officer of JJI Lighting Group, to the company’s highest ranking corporate office. As chief executive officer, Haworth will leverage his keen business acumen, acquired expertise grooming companies to full financial maturity, and his very own reputation as one of the industry’s primary thought-leaders to propel Lighting Science Group forward on a trajectory of sustained growth and success.

“Our company’s CEO must be both a realist and an idealist-someone who combines an astute understanding of the business realities facing the LED lighting industry with an extraordinary vision for Lighting Science Group’s future as a revolutionary game-changer, within that industry,” said Rich Weinberg, chairman of Lighting Science Group and co-managing partner of Pegasus Capital Advisers. “So, frankly, the decision was simple. In our field, we believe there is no one more knowledgeable or better networked than Jim Haworth. Everyone at Lighting Science Group is confident that his transition to the helm will be seamless, and furthermore, that his energy, ingenuity, and industry insight will chart a lucrative course for the company in the coming years.”

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