Leadership & Pay ·
Laser Photonics appoints Timothy Peterman as CFO with $300K salary and RSU awards
LASELaser Photonics Corp
The Board of Directors appointed Timothy A. Peterman to serve permanently as Chief Financial Officer and Secretary, effective October 6, 2026. He previously served as Acting CFO since September 8, 2026. Under the employment agreement, Mr. Peterman receives an annual base salary of $300,000, a discretionary bonus opportunity of up to 60% of base salary starting in fiscal year 2027, and restricted stock units valued at 80% of his base salary with a three-year vesting period. He is also entitled to an $80,000 relocation payment and a monthly car allowance. The company engaged outside counsel Sheppard, Mullin, Richter & Hampton LLP and CBIZ, Inc. to strengthen financial reporting controls and governance frameworks. Laser Photonics Corporation develops directed energy and laser technology platforms for defense, semiconductor, pharmaceutical, and industrial markets.