9 January 2012

Lumileds appoints Pierre Yves Lesaicherre as CEO as Michael Holt retires

LED maker Philips Lumileds of San Jose, CA, USA has appointed Pierre Yves Lesaicherre as CEO, succeeding Michael C. Holt and reporting directly to Philips Lighting’s acting CEO Frans van Houten.

Picture: Pierre Yves Lesaicherre

“Pierre Yves’ tremendous experience at NXP Semiconductors, most recently as senior VP & general manager of the business lines Microcontrollers & Logic, make him uniquely qualified to lead Philips Lumileds into the new world of lighting,” says van Houten. “Pierre Yves will drive Philips Lumileds performance and actively shape the fast-changing LED illumination market,” he adds.

“I also thank Mike Holt, Lumileds’ first CEO, who for more than a decade has led the company as it invented and introduced high-power LEDs and opened entirely new lighting segments,” van Houten continues. “Mike is retiring to enjoy more time with his family”.

Lesaicherre joins Lumileds with more than two decades of experience in the semiconductor and component industry. He lives in Silicon Valley and speaks multiple languages including French and Japanese.

Tags: Philips Lumileds LEDs

Visit: www.philipslumileds.com