At its meeting today, the supervisory board of OSRAM Licht AG decided key changes in the composition of the managing board. In line with the company’s stronger technology focus, the supervisory board appointed Stefan Kampmann, 52, as Chief Technology Officer (CTO) with effect from July 1, 2016. “We are happy to gain an experienced top manager and technology expert for Osram’s managing board,” said Peter Bauer, chairman of the supervisory board of OSRAM Licht AG. “His experience will give additional momentum to our innovation and growth initiative.” The supervisory board has also decided, for reasons of differing views regarding the strategic direction of the company and in best mutual agreement with Klaus Patzak, to launch a structured process to find a successor for the position of Chief Financial Officer.