NEWS
Osram chief quits

Osram boss Martin Goetzeler has resigned. The global lamps giant, the second largest lighting company in the world, said the move was amicable, but it has surprised analysts and observers across the industry.

Surprise: Goetzeler leaves at the end of the month

Goetzeler, the chief operating officer, will leave the company on 31 March. Chief executive officer Wolfgang Dehen and chief financial officer Klaus Patzak will perform his duties on the board until a replacement is found. Goetzeler had been playing a key role in the planned divestment and flotation of Osram from parent Siemens.

RELATED
Newey & Eyre wins major contract

Four year contract secured by electrical wholesaler Newey & Eyre to supply Tata Steel UK

RELATED
Osram and Samsung bury hatchet and plan joint LED development

Osram and Samsung have settled all LED patent suits between them and are looking at working together to develop new LED products.