Luceco (LSE:LUCE) has announced the appointment of Dr Thorsten Müller as Chief Executive Officer with effect from 1 September.
Müller was most recently Divisional Chief Executive in the Safety Sector at Halma, having joined in 2022, and previously held senior leadership roles at ABB, Osram and Bosch.
He will join Luceco's board as an Executive Director on taking up the role, at which point John Hornby will step down as CEO and leave the board, though Hornby will remain available to the group in an advisory capacity.
Chair Giles Brand said Müller "has a proven track record of delivering growth and innovation at industry leading technology companies serving the lighting, electrification and energy management segments."
Müller pointed to the scale of opportunity ahead: "the energy transition offers significant further upside that Luceco is exceptionally well placed to capture."
The leadership change follows a strong first half for Luceco, which the company reported on 28 July, with trading momentum driven by the energy transition.
The board noted that it remains confident of delivering adjusted operating profit of more than £40m for the full year.
News Intelligence what this means for the company
Luceco has appointed Dr Thorsten Müller, most recently head of Halma's Safety division, as CEO from 1 September, replacing John Hornby. Müller brings experience from ABB, Osram and Bosch in electrification and energy management. The move comes after a strong H1 2026 in which Demand Flexibility revenues surged about 120% year-on-year, and the board remains confident of delivering adjusted operating profit above £40m for the full year.
The appointment signals continuity of strategy around energy transition capture—Müller's background in electrification and energy management aligns with Luceco's EV charging and demand flexibility growth drivers. Execution risk on the leadership transition is modest given Hornby's availability as advisor and the board's confidence in FY26 guidance, but investor confidence will depend on Müller's ability to sustain the momentum that delivered 14% adjusted operating profit growth in H1.
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