Philips to nominate Mrs. Indra Nooyi as member of the Supervisory Board
26 October 2020 - 7:00PM
October 26, 2020
Amsterdam, the Netherlands – Royal Philips
(NYSE: PHG, AEX: PHIA), a global leader in health technology, today
announced that it will propose the appointment of Mrs. Indra Nooyi
as a new member of the Supervisory Board to the Annual General
Meeting of Shareholders (AGM), which will be held on May 6,
2021.
“We are very pleased to propose Mrs. Indra Nooyi as a new member
of Philips’ Supervisory Board,” said Jeroen van der Veer, Chairman
of the Supervisory Board of Royal Philips. “She is a proven
business leader in the consumer and technology sectors, with a
strong track record of delivering sustained profitable growth,
while doing business sustainably and responsibly. Her strategic
insights will be highly valuable to Philips, as the company embarks
on its next growth phase as a health technology leader, with a
purpose to improve the health and well-being of people through
innovation.”
Mrs. Nooyi (American, 1955) is the former Chair and CEO of
PepsiCo, a global food and beverages company with operations in
over 180 countries and 2019 sales of USD 67 billion. During her
tenure from 2006 till 2019, she was the chief architect of
PepsiCo’s ‘Performance with Purpose’ pledge, and successfully
delivered sustained growth by making more nutritious products,
limiting its environmental footprint, and empowering its associates
and people in the communities it serves. Prior to her appointment
as CEO, Mrs. Nooyi held various executive leadership positions,
including the role of CFO. Before joining PepsiCo in 1994, Mrs.
Nooyi held strategy leadership positions at ABB, a leading global
technology company, Motorola, a mobile communications pioneer, and
the Boston Consulting Group.
For more information about Philips’ Supervisory Board, please
follow this link.
For further information, please
contact:
Steve KlinkPhilips Global Press OfficeTel: +31 6 10888824E-mail:
steve.klink@philips.com
Derya GuzelPhilips Investor RelationsTel.: +31 20 59
77055E-mail: derya.guzel@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG,
AEX: PHIA) is a leading health technology company focused on
improving people's health and well-being, and enabling better
outcomes across the health continuum from healthy living and
prevention, to diagnosis, treatment and home care. Philips
leverages advanced technology and deep clinical and consumer
insights to deliver integrated solutions. Headquartered in the
Netherlands, the company is a leader in diagnostic imaging,
image-guided therapy, patient monitoring and health informatics, as
well as in consumer health and home care. Philips generated 2019
sales of EUR 19.5 billion and employs approximately 81,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
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