Management ChangeJun 25, 2026, 10:31 AM
Laser Photonics Appoints Ralph Venegas as Principal Financial Officer
AI Summary
Laser Photonics Corp announced a change in its financial leadership. The company terminated its engagement with The CFO Portal, LLC, which had provided Roman Franklin as Principal Financial Officer. Mr. Franklin received a $50,000 payment in connection with the termination. Concurrently, the Board of Directors appointed Ralph Venegas as the new Principal Financial Officer and Acting Chief Financial Officer. Mr. Venegas brings extensive experience from previous roles, including VP of Finance & Reporting at Fonon Quantum Technologies, Inc. and various financial leadership positions.
Key Highlights
- Laser Photonics terminated its Master Services Agreement with The CFO Portal, LLC.
- Roman Franklin, founder and CEO of The CFO Portal, ceased serving as Principal Financial Officer.
- Mr. Franklin received a $50,000 payment for waiving certain termination and insurance provisions.
- Ralph Venegas, age 54, was appointed Principal Financial Officer and Acting Chief Financial Officer.
- Mr. Venegas previously served as VP of Finance & Reporting at Fonon Quantum Technologies, Inc. since February 2026.
- His prior experience includes Financial Controller and Acting CFO at Summit Aerospace, Inc. (March 2024 - March 2024).
- He also provided fractional CFO services from October 2023 to March 2024.
- Mr. Venegas was Audit Director & Outsourced Accounting Director for Brody and Associates from April 2013 to July 2023.
Price Impact
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