LSI Lighting: Another Leadership Change
The recently-appointed head of LSI's lighting business is out: the latest move in a string of leadership changes atop LSI's lighting division.
inside.lighting has learned that Jeff Davis, President of LSI Lighting, is departing the company. Davis is the fourth person to lead LSI's lighting business during the last 3 years.
Below is a summary of LSI Industries' leadership changes of the Lighting business segment. The division presidents reported to LSI Industries CEO Dennis Wells (2014 - 2018) and CEO James Clark (2018 - present).
Shawn Toney, formerly Executive Vice President, is appointed President of the LSI lighting division.
LSI Industries acquires Atlas Lighting
Shawn Toney resigns LSI Industries.
Ron Newbold is named President of the LSI lighting segment.
LSI statement: "We are eliminating the positions of President of LSI Lighting, President of Atlas Lighting and President of LSI Graphics, as well as the separate organizations aligned around the products each business produced and sold. The Company is now organizing as one LSI organization, focused on serving key customer markets with its full package of capabilities."
Jeff Croskey is appointed Chief Commercial Officer. Lighting reports to Croskey.
Croskey leaves LSI and becomes CEO of Architectural Lighting Works (ALW).
LSI Industries announced that Jeff Davis has joined the company as President, LSI Lighting.
Jeff Davis departs LSI Industries.
LSI Industries (NASDAQ: LYTS) 5-year stock performance
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