Tridonic has announced the departure of CEO Walter Ziegler and COO Rüdiger Kofahl.
A"technology shift to LEDs"has been cited as the reason for the shakeup that will see both men step down at the end of January.
During the interim period,Harald Sommerer,chairman of the management board of Zumtobel AG,will take over the management of Tridonic.
After joining the Zumtobel Group in 1989 as managing director of Tridonic's German sales company,Walter Ziegler assumed the role of Tridonic CEO in1997.
Rüdiger Kofahl has been Tridonic COO since 2007,responsible for Production,Quality Management,Supply Chain,Logistics and Product Development.
Commenting on the changes,Zumtobel Group CEO Harald Sommerer said:"In view of the technology shift to LEDs,Tridonic is today facing some major strategic decisions[…]In future,the corporate knowledge base in the areas of semiconductor technology and electronics will be more important than ever.So the technology shift is having a substantial impact on all key business processes,as well as on the requirement profile facing top management."
