Why did Hansen had to go at Ledvance?

As could be read in the press in November, the new owners of the Ledvance works (previously Osram) would like to cut half the jobs;.......

the works in Berlin and Augsburg are to be closed completely.

Now the company has also parted company with its CEO Jes Munk Hansen with effect from 1st December. One of the reasons given was that someone was being sought who would be permanently stationed at the headquarters in Garching, whereas J.M.Hansen is mainly stationed in Wilmington/USA. In addition to this, the headquarters in Garching near Munich is to be reinforced.

Until a successor for Hansen has been found, Rüdiger Tibbe (restructuring specialist) is to take over as CEO.

In the New Year we are sure to learn why Hansen really had to go and where he will be working next.