2017-05-08

Lumileds Appoints Ilan Daskal as New Chief Financial Officer

Lumileds, a major provider of light engine technology, announced the appointment of Ilan Daskal as its Chief Financial Officer (CFO), effective May 1. Daskal has over 25 years of experience in numerous senior financial roles, including Vice President of Finance at Infineon Technologies NA and CFO at International Rectifier.
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2017-01-11

Osram CFO Quells Chinese Investor Acquisition Rumors

Osram CFO Ingo Bank doused rumors fueled in late 2016 about acquisition talks with Chinese investor Go Scale Capital during an interview with Bloomberg recently.
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2016-09-14

Osram Appoints New CFO for Americas Region

Osram, a leading global lighting and technology company, has appointed Michael Flieger, 42, as Chief Financial Officer (CFO) of the Americas region. Flieger succeeds Grant Wright, who was appointed Chief Executive Officer (CEO) of Osram’s Americas region in July 2015, and for the past year has maintained a dual role as CEO and CFO. Flieger will be responsible for the financial oversight and governance of Osram’s business operations in the Americas region.
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2016-07-26

Philips Lighting Appoints New CFO

Philips Lighting announced the appointment of Stéphane Rougeot as Chief Financial Officer, effective September 1, 2016. Rougeot succeeds Rene van Schooten Business Group Leader Lamps, who in addition to his current role held the position on an interim basis for nine months.
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2016-07-19

Osram Appoints New CFO

Osram’s managing board is complete again. At an extraordinary meeting on Monday, the supervisory board of the lighting company appointed Ingo Bank as new CFO of OSRAM Licht AG. Ingo Bank, 48, joins Osram from Parexel, a U.S. biopharmaceutical service provider where he served as Chief Financial Officer. He will take up his post at Osram on September 1, 2016. "In Ingo Bank, we have found a financial expert with a proven track record and a strong international background. At the same time, he has extensive knowledge of technology markets, including the lighting industry," said Peter Bauer, chairman of the supervisory board of OSRAM Licht AG. Ingo Bank's term will run for three years.
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2016-04-20

Osram Appoints New CTO, Plans to Replace CFO

At its meeting today, the supervisory board of OSRAM Licht AG decided key changes in the composition of the managing board. In line with the company’s stronger technology focus, the supervisory board appointed Stefan Kampmann, 52, as Chief Technology Officer (CTO) with effect from July 1, 2016. “We are happy to gain an experienced top manager and technology expert for Osram’s managing board,” said Peter Bauer, chairman of the supervisory board of OSRAM Licht AG. “His experience will give additional momentum to our innovation and growth initiative.” The supervisory board has also decided, for reasons of differing views regarding the strategic direction of the company and in best mutual agreement with Klaus Patzak, to launch a structured process to find a successor for the position of Chief Financial Officer.
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2015-10-13

Philips Appoints Lighting Business Finance Chief Abhijit Bhattacharya as New CFO

Royal Philips  announced that Abhijit Bhattacharya, who is currently CFO of Philips Lighting and project leader for the creation of  Lighting as a standalone company, has succeeded Ron Wirahadiraksa as CFO of Royal Philips, with immediate effect.
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2015-04-30

Osram Supervisory Board Extends CFO Contract

At today’s meeting, the supervisory board of OSRAM Licht AG extended the contract of Chief Financial Officer Klaus Patzak (49) by five years until 2021, effective from April 1, 2016. Patzak, who holds a doctoral degree in business administration, has been a member of the Osram managing board since April 2011. Before that, he was Chief Accounting Officer and Controller at Siemens AG. “We are very happy to continue our work with Klaus Patzak. He had an essential part in bringing Osram’s transformation forward during difficult times and will now also accompany the company’s strategic realignment with his expertise,” said Peter Bauer, chairman of the supervisory board of OSRAM Licht AG. Additionally, the supervisory board of OSRAM Licht AG today gave the green light for a mandate to examine the carve-out of the general lighting lamps business.
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2014-11-05

Intematix Appoints Jerry Turin as Chief Financial Officer

Intematix Corporation, a leading manufacturer of phosphor solutions for LED lighting, today announced Jerry Turin as the Company’s Chief Financial Officer.  Most recently,Turin served as Chief Financial officer of Oclaro, which scaled to a peak of $600M revenue run-rate from $250M during his tenure.  Turin will direct the Company’s financial strategy and finance team.
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2014-07-28

Epistar CFO Talks about Decision Behind Merge with FOREPI

The merge between Taiwan’s two largest LED manufacturers Epistar and FOREPI has established the trend of forming alliances in the country’s LED industry, and the dawning of the oligopoly market. Since the two company’s merge on June 30, 2014, FOREPI has received LED lighting OEM orders from Epistar. No further restructures and adjustments have been made so far. What were the actual circumstances behind the birth of the new Epistar? What exactly happened behind the scenes? In this in-depth interview with Epistar Chief Financial Officer and Spokesman Rider Chang, LEDinside probes into the company’s mindset during the recent merge.
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2014-07-15

Sensity Systems Appoints Chief Financial Officer

Sensity Systems, the pioneer of Light Sensory Networks (LSN), today announced the appointment of Phil Rehkemper as Vice President and Chief Financial Officer (CFO). In this newly created position, Rehkemper will lead the company’s financial and administration operations, reporting directly to Sensity Chairman and CEO Hugh Martin.
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2014-05-08

Veeco Appoints Shubham Maheshwari as Chief Financial Officer

Veeco Instruments Inc. has appointed Shubham Maheshwari, 42, as its new Executive Vice President, Finance and Chief Financial Officer (CFO). Mr. Maheshwari replaces David D. Glass, who announced his retirement from Veeco last December.
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2014-01-24

GT Advanced Technologies Announces CFO Transition and Reiterates Guidance

GT Advanced Technologies Inc., announced a chief financial officer transition. CFO Richard Gaynor resigned, effective March 6, 2014, to accept a new position with a portfolio company of New Mountain Capital LLC, a private equity firm. The company also announced the appointment of Raja Bal as vice president, corporate controller and chief accounting officer. Bal will succeed Gaynor as CFO of GT on March 7.
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2013-10-31

Evolucia Begins Search for New Officer as CFO Resigns

Evolucia Inc., a global LED lighting solutions company, today announced that its Chief Financial Officer (CFO) and Executive Vice President (EVP), Charles Rockwood, has resigned from the Company for personal reasons.
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Cree announces the commercial availability of the XLamp® XD16 LED, the industry’s first Extreme Density LED, which delivers up to 5 ½ times higher lumen density than Cree’s previous generation of high power LEDs.

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LG Innotek today announced that the company has developed the world's first 100mW (mill watts) UV-C LED. This development is 2 years ahead of the industry forecast that predicted its development would be successful by 2020.

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