Lumileds has appointed Matt Roney as CEO, effective 1 October, 2020.

Roney most recently served as president of Lumileds’ Automotive Business Unit and succeeds Jonathan Rich who will continue with the company as executive chairman of the board.

“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 honoured by the opportunity to lead this company and team in its next phase and excited by the opportunities ahead to bring new and innovative lighting solutions to market.”

Prior to joining Lumileds, Roney served as COO 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 VP and GM of its US$2.5bn Global Steering Business.