Lawrence Lin Named CEO of LEDVANCE
November 15, 2018
Serving since 2015 as Executive General Manager at LEDVANCE’s owner MLS, Lin was instrumental in more than doubling the company’s total sales revenues to about €1 billion and building MLS’ global sales network.
As CEO of LEDVANCE, Lin will further accelerate the company’s ongoing transition into an agile, full-scale LED general lighting provider that continues its expansion into growth segments, such as LED luminaires, LED lamps, smart home and human centric lighting.
“In his former capacity at our owner MLS and as Chairman of the LEDVANCE Supervisory Board, Lawrence Lin has been one of our key liaisons for quite some time,” says Hubert Roßkopf, Chairman of the LEDVANCE Works Council. “He therefore knows LEDVANCE and its processes very well. These insights and his deep knowledge of MLS will help us as a company moving forward.”
“Over the past two years,” says Lin, “LEDVANCE has made great progress on its transformation journey in a very volatile market environment; for instance, by building a highly successful and profitable luminaires business and becoming more agile as an organization to better meet the needs of our customers. We will not stop there but will continue on this path with full speed ahead. I look forward to working with the entire LEDVANCE team to seize the great opportunities in our established markets in Europe and North America, as well as in fast growing emerging markets.”
To assume his position as LEDVANCE CEO, Lawrence Lin has resigned as Chairman of the LEDVANCE Supervisory Board.