Royal Philips to Reappoint CEO, CFO
October 29 2018 - 3:45AM
Dow Jones News
By Maryam Cockar
Koninklijke Philips NV (PHIA.AE) said Monday that it intends to
propose the reappointment of both its chief executive and chief
financial officer to their positions and to the board at the
shareholder meeting next year.
The Dutch technology company said it will propose at its annual
general meeting on May 9 the reappointment of Frans van Houten as
President and CEO and of Abhijit Bhattacharya as CFO.
Mr. van Houten became president and CEO of Philips in 2011,
while Mr. Bhattacharya became CFO in 2015.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
October 29, 2018 03:30 ET (07:30 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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