Jeremy Cage was named CEO of the global LED lighting firm Lighting Science Group.
Cage, 48, was selected to lead the company based on his experience in building major brands, his success in developing commercially-appealing technologies and bringing them to market, as well as his distinguished track record of strengthening business models and improving operational efficiencies, according to a statement by Lighting Science Group.
Cage replaces Brad Knight, who served as interim CEO while the board worked with an executive search firm. Knight will continue to serve as COO.
Over the past decade, Cage served in executive positions at PepsiCo, Inc., including SVP of Innovation and Insights for its U.S. Beverage business, chief marketing officer of International Foods, and, most recently as SVP of the global snacks group.
"We are delighted to have Jeremy join the Lighting Science team," said Nic Brathwaite, chairman of the Lighting Science board. "Jeremy is a proven strategic thinker, inspiring leader, and brand builder who has successfully introduced major innovations at some of the world’s best known companies, resulting in accelerated sales volume, profit and market share growth. We are confident that he will do the same at Lighting Science."
Cage said he plans to accelerate the firm’s growth by building on core competencies of excellence in innovation and strong and differentiated brand development.
"We will focus on unleashing the science of light and sustainable technologies to markets ranging from major cities, commercial centers, factories and retailers in developed markets to entire cities and villages in developing and emerging markets," Cage said.