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| - Lumileds, a global leader in innovative lighting solutions, today announced the appointment of Matt Roney as the company's Chief Executive Officer, effective October 1, 2020. Roney most recently served as President of Lumileds' Automotive Business Unit and succeeds Dr. Jonathan Rich who will continue with the company as Executive Chairman of the Board. This press release features multimedia. View the full release here: Matt Roney, CEO Lumileds (Photo: Business Wire) "Speaking on behalf of the Board of Directors, we are grateful for Jon's contributions as CEO and believe Lumileds is well positioned for success in this next phase under Matt's leadership," said Rob Seminara, Senior Partner at Apollo Global Management. "Matt has nearly 25 years' experience in the automotive industry and his performance and leadership throughout his career have given us even greater confidence in his ability to drive long-term innovation and growth at Lumileds." "Lumileds has a long history of innovation in conventional automotive lighting and is a pioneer of leading-edge LED technology for the consumer electronics, automotive, and general illumination markets," said Roney. "I am honored by the opportunity to lead this extraordinary company and team in its next phase and excited by the opportunities ahead to bring new and innovative lighting solutions to market. I look forward to building on the foundation Dr. Rich has put in place to further advance our technologies and increase the value we deliver to customers across a broad set of industries." Prior to joining Lumileds, Roney served as Chief Operating Officer for Stanley Infrastructure, a division of Stanley Black & Decker. Previously, Roney was the President of Paladin Attachments, which was acquired by Stanley Infrastructure. He also spent eight years at TRW Automotive, now known as ZF TRW, in roles of rising responsibility, including Vice President and General Manager of its $2.5 billion Global Steering Business. Roney has a BS in Electrical Engineering from Cornell University, an MSE in Mechanical Engineering from Purdue, and an MBA from Harvard Business School. About Lumileds For automotive, mobile, IoT, and illumination companies that require innovative lighting solutions, Lumileds is a global leader employing more than 7,000 team members operating in over 30 countries. Lumileds partners with its customers to push the boundaries of light. To learn more about our portfolio of lighting solutions, visit lumileds.com. View source version on businesswire.com: Contact Steve Landau, lumileds.marcom@lumileds.com © 2020 Business Wire, Inc. Disclaimer: This material is not an AFP editorial material, and AFP shall not bear responsibility for the accuracy of its content. In case you have any questions about the content, kindly refer to the contact person/entity mentioned in the text of the release.
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