Stéphane Rougeot appointed CFO of Philips Lighting

Stéphane Rougeot appointed CFO of Philips Lighting

ID: 484790

(Thomson Reuters ONE) -


Press Release


July 22, 2016

Stéphane Rougeot appointed CFO of Philips Lighting


Eindhoven, the Netherlands - Philips Lighting (Euronext Amsterdam: LIGHT) today
announced the appointment of Stéphane Rougeot as Chief Financial Officer,
effective September 1, 2016. Mr. Rougeot succeeds Rene van Schooten Business
Group Leader Lamps, who in addition to his current role held the position on an
interim basis for nine months.

"I am very pleased to welcome Stéphane Rougeot as our new CFO," said Eric
Rondolat, CEO of Philips Lighting. "Stéphane brings impressive executive
experience in financial leadership positions with major international technology
companies. His background will enable him to play a key role in driving our
strategy and reinforcing our leading position in the global lighting industry,
while building strong and durable relationships with the investor community.

"I want to say a special word of thanks to Rene for doing double duty during the
separation from Royal Philips and subsequent IPO. His leadership as acting CFO,
in addition to his regular roles as Member of the Board of Management and
Business Group Leader Lamps was pivotal to the success of the IPO."  Mr. van
Schooten will continue as Management Board Member and Business Group Leader
Lamps.
Mr. Rougeot joins from Technicolor (formerly known as Thomson), the technology
company serving the media industry. He was Chief Financial Officer from 2008 to
2015, and also Head of Strategy and Portfolio Management as of 2012. He was
appointed Deputy CEO, President Technology business group in 2015. Before
Technicolor, he was Group Controller of France Telecom - Orange. He has also
held various senior financial positions, as well as roles in investor relations
and corporate communications.

A French national, Mr. Rougeot holds a post-graduate degree in International




Finance from the Paris IX-Dauphine University and is a graduate of the Institut
d'Études Politiques, both in Paris, France.

The Philips Lighting Supervisory Board will propose the appointment of Mr.
Rougeot to the Board of Management at the next General Meeting of Shareholders,
to be held in May 2017.





For further information, please contact:

Philips Lighting Communications
Eeva Raaijmakers
Tel: +31 6 12350597
E-mail: eeva.raaijmakers(at)philips.com

Philips Lighting Investor Relations
Jeroen Leenaers
Tel: +31 6 25425909
E-mail: jeroen.leenaers(at)philips.com

About Philips Lighting
Philips Lighting (Euronext Amsterdam ticker: LIGHT), a global leader in lighting
products, systems and services, delivers innovations that unlock business value,
providing rich user experiences that help improve lives. Serving professional
and consumer markets, we lead the industry in leveraging the Internet of Things
to transform homes, buildings and urban spaces. With 2015 sales of EUR 7.5
billion, we have approximately 36,000 employees in over 70 countries. News from
Philips Lighting is located at http://www.newsroom.lighting.philips.com

Important information
This press release contains information within the meaning of Article 7(1) of
the EU Market Abuse Regulation.

Press Release_Philips Lighting_CFO Appointment_22072016:
http://hugin.info/172838/R/2030079/755047.pdf



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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Philips Lighting via GlobeNewswire
[HUG#2030079]




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Bereitgestellt von Benutzer: hugin
Datum: 22.07.2016 - 07:00 Uhr
Sprache: Deutsch
News-ID 484790
Anzahl Zeichen: 4222

contact information:
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Eindhoven



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Business News



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