logo
Share SHARE
FONT-SIZE Plus   Neg

Philips Appoints Eric Rondolat As CEO Of Lighting Sector

Dutch consumer electronics giant Royal Philips Electronics (PHG,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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Can a washing machine explode just like a bomb? A lawsuit filed in the federal court in New Jersey alleged that there was loud noise and damage to garage wall as the washing machine went off with a violent boom. Samsung is facing federal class action lawsuit from customers. There were similar reports... German lender Commerzbank AG said Thursday that it will cut almost 10,000 jobs, stop paying dividends for the time being and merge two big units as part of a restructuring to become profitable on a sustainable basis by 2020. The bank, Germany's second largest, said that to cover its restructuring costs in the region of 1.1 billion euros, it will cease dividend payments for the time being. Apple Inc. has repeatedly assured customers of its commitment to privacy and said that iMessage conversations are safe. However, Apple's iMessage logs the phone numbers typed by users for a text conversation and shares this information with law enforcement when compelled by court order, according to news site "The Intercept."
comments powered by Disqus
Follow RTT