02.15.17
The supervisory board of OSRAM Licht AG extended the appointment of CEO Olaf Berlien for five years. The new term will start on Jan. 1, 2018, and run until December 31, 2022.
“Mr. Berlien has driven forward the reorganization of Osram with a lot of energy and persistence – and with great success. The company’s focus on high tech and a clear growth strategy are carrying his mark,” said Peter Bauer, chairman of the Osram supervisory board.
In the supervisory board’s view, the company’s transformation has not been completed yet and will now be further pushed forward by the new management team. Continuity and a strong leadership are particularly important for the further alignment of the company.
Osram has initiated key strategic measures since Berlien became CEO. In July 2016, the company’s supervisory board approved the sale of the general lighting lamps business to a Chinese consortium. With this move, Osram is boosting its focus on high tech while also increasing growth and profitability. Following the closing of the sale, Osram will be based on three strategic pillars: LED components (Opto Semiconductors, or OS); Specialty Lighting (SP); luminaires, solutions and electronic components (Lighting Solutions & Systems, or LSS).
Prior to becoming CEO of Osram in January 2015, Olaf Berlien was CEO of M+W Group GmbH. Before that, he served as CEO of the Technologies division at ThyssenKrupp AG, overseeing, among others, the elevator and automotive segments as well as the engineering activities. From 1996 until 2002, Berlien was a member of the managing board at Carl Zeiss AG. He started his career at IBM Germany.
“Mr. Berlien has driven forward the reorganization of Osram with a lot of energy and persistence – and with great success. The company’s focus on high tech and a clear growth strategy are carrying his mark,” said Peter Bauer, chairman of the Osram supervisory board.
In the supervisory board’s view, the company’s transformation has not been completed yet and will now be further pushed forward by the new management team. Continuity and a strong leadership are particularly important for the further alignment of the company.
Osram has initiated key strategic measures since Berlien became CEO. In July 2016, the company’s supervisory board approved the sale of the general lighting lamps business to a Chinese consortium. With this move, Osram is boosting its focus on high tech while also increasing growth and profitability. Following the closing of the sale, Osram will be based on three strategic pillars: LED components (Opto Semiconductors, or OS); Specialty Lighting (SP); luminaires, solutions and electronic components (Lighting Solutions & Systems, or LSS).
Prior to becoming CEO of Osram in January 2015, Olaf Berlien was CEO of M+W Group GmbH. Before that, he served as CEO of the Technologies division at ThyssenKrupp AG, overseeing, among others, the elevator and automotive segments as well as the engineering activities. From 1996 until 2002, Berlien was a member of the managing board at Carl Zeiss AG. He started his career at IBM Germany.