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Philips Lumileds Names Lesaicherre CEO

Michael Holt retires after 10 years

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Pierre Yves Lesaicherre has been hired as Philips Lumileds’ (San Jose, CA) new CEO, succeeding Michael C. Holt, who has retired after more than a decade with the company. Lesaicherre joins the company from NXP Semiconductors, where he was a senior vice president and general manager.

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