Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Philips Appoints Eric Rondolat As CEO Of Lighting Sector

RELATED NEWS
Trade PHG now with 
3/20/2012 10:22 PM ET

Dutch consumer electronics giant Royal Philips Electronics (PHG: Quote,PHGFF.PK) announced the appointment of Eric Rondolat as Chief Executive Officer of Lighting and member of its Executive Committee, effective April 1, 2012.

The company stated that Rondolat succeeding Frans van Houten who has led Philips Lighting on an interim base. Eric Rondolat joins Philips from Schneider Electric, the company noted.

With the announcement of Rondolat as the new CEO of Lighting today and the announcement of Mr. Paul Verhagen as CFO in Lighting as per January 1 the new leadership team of Lighting is in place.

Click here to receive FREE breaking news email alerts for Koninklijke Philips Electronics NV and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.