22 September 2020
Lumileds names Matt Roney as CEO
Lumileds LLC of San Jose, CA, USA has announced the appointment of Matt Roney as chief executive officer, effective 1 October. He 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.
“Matt has nearly 25 years’ experience in the automotive industry, and his performance and leadership throughout his career have given us even greater confidence in his ability to drive long-term innovation and growth at Lumileds,” comments Rob Seminara, senior partner at Apollo Global Management.
Picture: Lumileds’ new CEO Matt Roney
“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,” says Roney. “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, he was 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 & general manager of its $2.5bn 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.
Lumileds appoints auto industry veteran Matt Roney to lead Automotive business unit