LEDVANCE has named Lawrence Lin as its new CEO and Managing Director. Lin, who was latterly chairman of the LEDVANCE Supervisory Board, brings a successful track record and considerable international management experience into his new roles.
Lin was formerly Executive General Manager at the leading Chinese LED lighting company MLS, which acquired LEDVANCE GmbH in April this year. At MLS he was instrumental in building the company’s global sales network and more than doubling total sales revenues to currently around ¥8 billion Chinese Yuan (AED 4.2bn). He was also one of the driving forces behind the acquisition of LEDVANCE.
As CEO of LEDVANCE, Lin aims to further accelerate the company’s transition into an agile, full-scale LED general lighting provider expanding into growth segments like the smart home and human-centric lighting sectors. He said: “Over the past two years, 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.”
Hubert Roßkopf, Chairman of the LEDVANCE Works Council commented: “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. 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. We as the LEDVANCE Works Council are committed to continuing the fruitful collaboration with him as the new CEO.”