Sunnyvale, Calif.–based Luminus Devices has announced the retirement of CEO Decai Sun after 11 years of service. Mark Pugh, currently the executive vice president of marketing and sales at Luminus, will take over the CEO role effective immediately.
Sun started Lightera Corp. in the Silicon Valley in 2012 with funding from Sanan Optoelectronics. A year later, Lightera acquired Luminus, merging the two companies with Sun becoming CEO. Under Sun’s leadership, Luminus became a profitable, well-known LED component company achieving success in a broad range of applications worldwide. He moved Luminus from Greater Boston to Sunnyvale in 2014 and built the worldwide team to more than 200 employees.
Pugh has been a well-known pioneer in the optoelectronics industry for more than 30 years with leadership roles in business development, marketing, and executive management. His career started with Hewlett Packard’s optoelectronics division, working with LEDs and infrared devices. This eventually led to an opportunity to represent HP in a new joint venture with Philips that later became Lumileds.In 2007, Pugh co-founded Xicato with the goal to replace halogen lights with LED modules that had industry-leading quality of light and all the benefits of LEDs. In 2015, Pugh joined Luminus Devices as EVP of marketing and sales; the company quickly tripled in sales and turned profitable.
Moving forward, Pugh’ vision for Luminus is “to further expand our broad product offering of photonics solutions as well as leverage our Sanan group relationship to grow our customer base in new markets with new and compelling semiconductor technologies.”
