Osram announced the appointment of its new CEO

Osram has announced in its official website that the company appoints Olaf Berlien as the next chief executive officer (CEO), and he would also serves as the company chief technology officer, this appointment came into effect in January 2015.

According to report, Olaf Berlien has served as senior management in a number of German high-tech industrial groups, including the current CEO of M+W Group GmbH, CEO of the Technologies division at Essen-based ThyssenKrupp AG, as well as consultants of Commerzbank. Also, the announcement mentioned the former CEO Wolfgang Dehen is voluntary separation.

Since separated from the Siemens Group, Osram is experiencing sales decline during traditional lighting transfer to the new LED lights. In July,2014, the company announced to cut 7,800 jobs in worldwide area, its operating conditions is worried. It is present focus of attention that whether Olaf Berlien can turn over the situation or not.