Lumileds, a global leader in innovative lighting solutions, recently announced the appointment of Matt Roney as the company’s CEO, effective Oct. 1. 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.
“Speaking on behalf of the board of directors, we are grateful for Jon’s contributions as CEO and believe Lumileds is well positioned for success in this next phase under Matt’s leadership,” said Rob Seminara, senior partner at Apollo Global Management. “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.”
“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 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 $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.