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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.

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