Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Philips Appoints Eric Rondolat As CEO Of Lighting Sector

RELATED NEWS
Trade PHG now with 

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

Quick Facts

Editors Pick
The U.K. economy grew at a slower pace in the third quarter in the face of rising uncertainty stemming from global economic conditions, preliminary estimates from the Office for National Statistics Office showed Friday. Gross domestic product climbed 0.7 percent from the second quarter, when it grew 0.9 percent. German consumer climate is set to improve slightly in November, ending the downward trend, as income expectations among households strengthened on the back of the strong labor market situation, survey data revealed Friday.The forward-looking consumer confidence index rose slightly to 8.5 in November from 8.4 in October. Software giant Microsoft Corp. said Thursday after the markets closed that its first quarter profit fell 13% from last year, hurt mainly by integration and restructuring costs even as revenue surged 25% thanks to strong sales of its gadgets and cloud-based products. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue.
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.