Philips Lumileds names Pierre Yves Lesaicherre as CEO
Lesaicherre succeeds Michael C. Holt and will report directly to Philips Lighting’s acting Chief Executive Officer Frans van Houten. Pierre Yves Lesaicherre joins Lumileds with more than two decades of experience in the semiconductor and component industry. He lives in Silicon Valley and speaks multiple languages including French and Japanese.
A big deal of his experience with semiconductor manufacturing gathered Lesaicherre at NXP Semiconductor. His most recent position at this former Philips spin-off was Senior Vice President & General Manager of the business lines Microcontrollers & Logic. Both companies are connected through multiple ties: Also Philips Lighting’s CEO Frans van Houten, Lesaicherre’s new superior, comes from NXP Semiconductor. Van Houten expressed strong confidence into the new Lumileds top executive, saying that he is confident that "Pierre Yves will drive Philips Lumileds performance and actively shape the fast changing LED illumination market".
According to a Philips press release, Lesaicherre’s successor Michael C. Holt will retire after a decade of dynamic technology development in the LED lighting sector.
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