Royal Philips (PHG), a Netherland-based health technology company, Thursday announced that it has appointed Jie Xue as Chief Business Leader for Precision Diagnosis and Özlem Fidanci as Chief of the International Region, effective January 1, 2025.
Both will join the Philips Executive Committee and report directly to CEO Roy Jakobs.
Xue, joining Philips from GE Healthcare, will lead the Precision Diagnosis business, previously overseen by Bert van Meurs, who will continue heading Philips' Image Guided Therapy division. Together, they will co-lead the Diagnosis & Treatment segment.
Fidanci, formerly with Versuni, succeeds Edwin Paalvast as Chief of the International Region. Paalvast will retire after a distinguished 35-year career, including five years at Philips.
Wednesday, PHG closed at $25.39 or 0.16% higher on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.