Lumileds reported the appointment of its CEO, Matt Roney, which will be effective on October 1, 2020. Roney most recently served as President of Lumileds’ Automotive Business Unit and succeeds Dr. Jonathan Rich who will continue with the company as Executive Chairman of the Board.

(Image: Lumileds)

“Lumileds has a long history of innovation in conventional automotive lighting and is a pioneer of leading-edge LED technology for the consumer electronics, automotive, and general illumination markets,” said Roney. “I am honored by the opportunity to lead this extraordinary company and team in its next phase and excited by the opportunities ahead to bring new and innovative lighting solutions to market. I look forward to building on the foundation Dr. Rich has put in place to further advance our technologies and increase the value we deliver to customers across a broad set of industries.”

Prior to joining Lumileds, Roney served as Chief Operating Officer for Stanley Infrastructure, a division of Stanley Black & Decker. Previously, Roney was the President of Paladin Attachments, which was acquired by Stanley Infrastructure. He also spent eight years at TRW Automotive, now known as ZF TRW, in roles of rising responsibility, including Vice President and General Manager of its $2.5 billion Global Steering Business. Roney has a BS in Electrical Engineering from Cornell University, an MSE in Mechanical Engineering from Purdue, and an MBA from Harvard Business School.