Lighting industry veteran Peter Mazalon has been appointed CEO of the Nualight Group as the Irish LED lighting specialist looks to return to growth as a global lighting technology company, it has been announced.
With over 25 years of international business experience in senior business roles across both global corporations and SMEs, Mazalon brings an established track-record of working within the lighting industry around the globe in a multitude of roles.
He succeeds Shaun Gray who oversaw the restructuring of the company after a number of years of rapid growth which had left the business with an inefficient and ineffective supply chain which was hampering further growth. Gray has resigned and is looking to pursue new opportunities in the technology sector where he gained the majority of his previous business experience.
Per Langholz, Nualight Chairman, said he welcomed the newest addition to the Nualight Group’s executive team. “As a company we are working hard to exploit the secure and solid foundations we have established in recent times with a view to driving future growth and profitability. Peter’s lighting industry track-record and expertise in business management will facilitate this,” he said.
“As we continue to grow globally and drive expansion into new market segments, his profile and industry experience fits extremely well with the Group’s future vision. We look forward to working with Peter in his new role and driving Nualight’s progress on as an organisation.”
Mazalon started his lighting career with fixture manufacture, Thorn where he held a number of positions in Marketing and Sales. A particular highlight of his time with the company was the responsibility of winning the multi million Euro Lighting Systems and Airfield Lighting contracts for the Hong Kong airport in the mid-1990s.
Subsequently, he joined Sylvania Lighting International where he spent 14 years in a variety of senior roles from Marketing, Territory Management and main board experience where he was responsible for the luminaire businesses. In that period Mazalon was extensively involved with the repositioning of the Sylvania business portfolio including working at senior level with Europe’s largest DIY retailers.
Most recently, in conjunction with private equity funding he acquired Channel Safety Systems group which was transformed into a broader market player. The business within 4 years became a leading player in the LED emergency lighting space in the UK Electrical Distribution market. The business increased its EBITDA annually which was more than trebled over a four year period. The business was recently successfully sold to a trade buyer.