(Germany) – Jacob Tarn joined LEDVANCE as the new CEO and Chairman of the Management Board on February 1, 2018.
Jacob Tarn, a well-known LED lighting industry veteran, has been appointed as the new CEO and Chairman of the Management Board at LEDVANCE.
Jacob Tarn brings more than 30 years of international experience in the global LED lighting market to his new role as CEO of LEDVANCE. Most recently, as Executive Vice President and Chief Operating Officer of the LED business unit at Samsung Electronics in South Korea, Dr. Tarn played a crucial role in turning around Samsung’s LED business.
In this new role, Dr. Tarn will focus on accelerating the company’s transformation from a traditional lamps manufacturer to a full LED lighting company. Dr. Tarn will manage the company out of its global headquarters in Garching, Germany.
Tim Yun Chen, Chairman of the Supervisory Board at LEDVANCE, said: “Jacob Tarn is an internationally renowned expert in the LED lighting industry, who has shown how to bring a business back on track. The Supervisory Board as well as the company owners is convinced that he is the ideal candidate to lead LEDVANCE into a successful new era. The Supervisory Board will provide him and his team its full backing and support.”
Dr. Tarn added: “LEDVANCE has all it takes to become a key player in the global LED lighting market and has already successfully expanded into growth areas such as LED luminaires, smart home solutions and LED lamps. I look forward to working with the entire LEDVANCE team to continue on this path at an accelerated pace, turn LEDVANCE into an innovative full LED lighting company and thereby consequently seize the opportunities that lie in front of us.”
Rüdiger Tibbe, who served as interim CEO, will continue to be responsible for the operational execution of the company transformation as Chief Transformation Officer.