Lumileds Announces New CEO
Lumileds has announced the appointment of Dr. Jonathan Rich as its new Chief Executive Officer (CEO).
Dr. Rich recently held the position of Chairman and CEO at Berry Global, a specialty materials and consumer packaging company, from 2010 to 2018.
“I am very pleased to be joining Lumileds and am looking forward to building on the company’s differentiated lighting technology foundation to increase the value we can deliver to customers across a broad set of industries,” he says. “The opportunity for lighting innovation to make a positive impact on safety and sustainability is tremendous.”
Before his stint at Berry Global, Dr. Rich served as President and CEO at Momentive, a specialty chemical company headquartered in Albany, New York.
He has previously worked with Goodyear Tire & Rubber Company. He held important positions there, first as President of the Global Chemicals business and later as President of Goodyear’s North American Tire Division. He also worked at General Electric in the early stages of his career.
Dr. Rich takes over from Mark Adams, who is stepping down as CEO and from the board of directors. Adams will however continue in an advisory role to the company.
“Mark Adams has made significant contributions to Lumileds during his tenure, leading the transition to an independent company and cultivating a culture of innovation and customer focus,” says Rob Seminara, a senior partner at Apollo and Chairman of the Board of Lumileds. “On behalf of the Board of Directors of Lumileds, we would like to thank him for his service to the company and wish him the very best in his future endeavors. We are very excited Jon will be joining Lumileds to drive the next phase of innovation and growth and we look forward to working with him again.”
Speaking about his tenure in the company, Adams says, “It has been a great experience leading Lumileds’ transition to an independent company that is focused on delivering lighting solutions that truly make a positive impact in the world. I would like to thank the employees of Lumileds and the Apollo team for their support and wish the company much success in the future.”