IN BRIEF: Luceco picks former Halma executive Thorsten Muller as CEO

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Luceco PLC - London-based lighting manufacturer and distributor - Hires Thorsten Muller to be chief executive officer from September 1, succeeding John Hornby, who will remain available in an advisory capacity. Muller has experience as divisional chief executive in the Safety sector at Halma PLC, a safety products manufacturer and FTSE 100 index constituent. Before joining Halma 2022, Muller held senior leadership roles at ABB Ltd, Osram and Bosch.

"Luceco's premier brands, market-leading positions and exceptional people give me firm confidence in the core of the business, while the energy transition offers significant further upside that Luceco is exceptionally well placed to capture," Muller says.

Current stock price: 226.66 pence

12-month change: up 79%

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