Oxford-based Relume Technologies, a manufacturer of light-emitting diode products and smart grid control systems for outdoor lighting applications, has hired lighting industry veteran Crawford Lipsey as CEO.
Company officials said the appointment marks a new stage in the company’s growth, as it expands its product offering and grows its municipal and commercial client base.
Lipsey succeeds Mike McClear, who how has the positions of CFO and COO.
Lipsey is a 30-year veteran of the lighting industry and most recently served as part of the executive management team of Acuity Brands, Inc., a $1.6 billion manufacturer of multiple lighting and control brands representing the largest lighting company in North America. Lipsey was also president and vice chairman of the board of directors of Acuity Brands Technology Services, an incubator for entrepreneurial activity for the Acuity Brands family. He is a graduate of the Harvard Business School Advanced Management Program.
Siad Jeff Bocan, managing director of the Farmington Hills venture capital firm Berningea and a Relume board member: “Over the last few years, Relume has developed a deep LED technology IP portfolio with a growing product offering in the fixture and controls markets. We believe that the combination of Relume’s leading edge LED technology plus Crawford’s proven leadership skills and lighting sector expertise puts the LED lighting market on notice that Relume intends to break out as a future market leader.”
“I decided to join Relume Technologies because they are the definitive expert in LED life management technology,” Lipsey said. “They have proven designs, recognized by major LED chip manufacturers as capable of maximizing lumen output while dissipating heat like no other design. The result is LEDs which last their entire specified life, and even exceeding it. Nobody else does what Relume does. This technology gives me a unique opportunity to develop a portfolio of excellent LED product solutions, construct an effective LED solutions sales force, and develop the Relume brand as a leader in engineered LED solutions.”
More at www.relume.com.
(c) 2010, WWJ Newsradio 950. All rights reserved.