Osram is making further progress regarding its realignment. In an extraordinary meeting, the supervisory board of OSRAM Licht AG approved the carve-out of the general lighting lamps business. As an independent entity, the business will be able to operate more freely on the market and realize strategic options, such as partnerships, more easily. Jes Munk Hansen, until now CEO of the Americas region, will lead the lamps business in the future. "Today's supervisory board decision lays the foundation for our strategic orientation toward growth, innovation and technology leadership," said Olaf Berlien, Chief Executive Officer of OSRAM Licht AG.

In today's extraordinary meeting the supervisory board of OSRAM Licht AG has, in agreement with Dr. Peter Laier (45), approved the termination of his appointment as a member of the managing board of OSRAM Licht AG effective 30 June 2014.