PEN Inc. announced that its board elected Todd Lunsford to serve as a director. Todd is presently the CEO of Rocket Loans, prior to founding Rocket Loans, Mr. Lunsford was an operating partner at Rockbridge Growth Equity and was responsible for working with six different companies in its portfolio to provide input, support, and ongoing accountability and support as the management worked to build their businesses. The company also appointed Leandro Vera as Chief Financial Officer.

Leo has worked with in a consulting role since December 1, 2018, as the acting CFO for Pen Inc. and its subsidiaries.