Peter Laier appointed member of the managing board at Osram
Responsibility for general illumination and Chief Technology Officer
The supervisory board of OSRAM AG, in Munich, has appointed Dr. Peter Laier (44) to the managing board of Germany’s largest lighting manufacturer and listing candidate. Laier will take responsibility of the general illumination business and, in his capacity as Chief Technology Officer of Osram, will head Corporate Research and Development as well as Corporate Supply Chain Management and Quality and Technology. Laier is considered a pioneer in electronics and sensors production at Continental. He has international experience as a general manager, is cool headed, with a high degree of technical understanding and a good sense for change scenarios. "The lighting industry is undergoing fundamental technological change. Therefore, the supervisory board was especially interested in appointing a versatile manager and highly experienced engineer to Osram's managing board," said Prof. Siegfried Russwurm, Chairman of the Supervisory Board of OSRAM AG. Laier will assume his new responsibilities in spring 2013.
Born in Fulda in 1968, Laier studied mechanical engineering with a concentration on design and production technology. In 1996, he started his professional career at the Fraunhofer Institute in Stuttgart. Over the past 12 years, Laier has successfully worked in multiple development and management functions at Continental AG in Hannover. This included electronics, sensors up to different brake systems. During this time, he worked for four years in Asia, where he was based in Japan. Laier has been a member of Chassis & Safety division's Management Board since 2008. From 2008 to 2011, he was in charge of the Chassis Components division. He has been head of the Hydraulic Brake Systems division since August 2011, where he was responsible for more than 12,000 employees and several billion euros in sales. "I'm delighted to welcome a colleague to the board who is an expert in technology, production and management. His experience in key markets in Asia, which are also important for Osram, will be of great benefit," said Osram CEO Wolfgang Dehen.
OSRAM AG (Munich, Germany) is a wholly-owned subsidiary of Siemens AG and one of the two leading light manufacturers in the world. In fiscal year 2011 (ended September 30, 2011), it generated revenue of about 5 billion Euros. Osram is a high-tech company in the lighting sector and more than 70 percent of its revenue comes from energy efficient products. The company, which is very much internationally oriented, has around 41,000 employees worldwide, supplying customers in 150 countries from its 44 production sites in 16 countries (as of September 30, 2011). Additional information can be found in the internet at www.osram-group.com.
This document contains statements and information pertaining to the future – i.e. statements about processes that take place in the future, not in the past. These statements pertaining to the future can be identified by expressions such as "anticipate", "expect", "want", "intend", "plan", "believe", "aspire", "estimate", "will”, "predict" or similar terms. Such statements are based on today’s expectations and certain assumptions by OSRAM management. They are therefore subject to several risks and uncertainties. A large number of factors, of which several are not part of OSRAM’s responsibility, have an impact on business activities, success, business strategy and results of OSRAM. These factors may lead to the actual results, success and achievements of OSRAM differing significantly from the details regarding results, success and achievements explicitly and implicitly stated in the statements pertaining to the future.