OSRAM Appoints Jes Munk Hansen As New CEO For Its Americas Business

Oct 16, 2013, 13:02 ET from OSRAM SYLVANIA

DANVERS, Mass., Oct. 16, 2013 /PRNewswire/ -- OSRAM, one of the two globally leading light manufacturers today announced the appointment of Jes Munk Hansen effective Oct. 16, 2013 as CEO of OSRAM Americas and President and CEO of OSRAM SYLVANIA. He succeeds Rick Leaman, who is leaving the company to pursue other interests. In his role as chief executive, Hansen will be responsible for the OSRAM business in North, Middle and South America.

"Jes Munk Hansen is the ideal choice to lead OSRAM's Americas business," said Wolfgang Dehen, CEO of OSRAM Licht AG, the Germany-headquartered publicly listed parent company. "His many years of experience of introducing new energy efficient products and profound understanding of the American market are a powerful combination. His appointment will further strengthen our leadership position at a time where new regulatory standards and new technologies are redefining our industry."  Given the accelerated transformation to the lighting market, Hansen's primary task is to further enhance the business transition to energy efficient LED based lighting products and solutions.

"I'm very proud to join OSRAM. The growing market demands for energy efficient products combined with landmark technological innovation are radically reshaping the lighting market. I'm excited to bring in my experience to this heritage-rich lighting brand and fully realizing the opportunities ahead," said Jes Munk Hansen, new CEO of OSRAM Americas and President and CEO of OSRAM SYLVANIA.

Over the past 13 years Hansen held various leadership positions at Grundfos, serving as CEO and President of Grundfos North America for the last six years. During this time the North America business grew substantially, both through organic growth as well as through the acquisition of key local players. Throughout his career Hansen has focused on product innovations related to sustainable and energy efficient building materials and process equipment. He holds an MBA from London Business School and a Master of Science in Forestry from the University of Copenhagen.

OSRAM SYLVANIA is a leader in lighting solutions and services, specializing in innovative design and energy saving technology. The company sells products for homes, businesses and vehicles primarily under the SYLVANIA brand name, and also under the OSRAM brand. Headquartered in Danvers, Mass., OSRAM SYLVANIA is the North American operation of OSRAM GmbH.

OSRAM of Munich, Germany is one of the two leading light manufacturers in the world. The company's portfolio covers the entire value chain from components – including lamps, opto semiconductors like light-emitting diodes (LED) – to electronic control gears as well as complete luminaires, light management systems and lighting solutions. OSRAM has around 39,000 employees worldwide and generated revenue of 5.4 billion Euros in fiscal year 2012 (ended September 30, 2012). More than 70 percent of its revenue comes from energy-efficient products. The company's business activities have been focusing on light – and hence on quality of life – for over 100 years. Additional information can be found in the internet at www.osram.com

Anne Guertin