Signify to appoint Francisco Javier van Engelen Sousa as CFO
26 Mai 2020 - 8:00AM
Signify to appoint Francisco Javier van Engelen Sousa as CFO
Press Release
May 26, 2020
Signify to appoint Francisco Javier van Engelen Sousa as
CFO
Eindhoven, the Netherlands – Signify (Euronext:
LIGHT), the world leader in lighting, today announced the
appointment of Francisco Javier van Engelen Sousa as Chief
Financial Officer, effective June 15, 2020. Javier will succeed
René van Schooten, who currently holds the position on an interim
basis. Over the coming months René and Javier will work closely
together to ensure a thorough business onboarding and a smooth
transition. This is expected to be completed with the closure of Q3
in October. “I am very pleased to welcome Javier as our new CFO,”
said Eric Rondolat, CEO. “He is a proven, experienced, and
well-rounded CFO, having held a range of financial leadership
positions. He has a wealth of experience working with international
teams and has lived in various countries around the world. His
broad background will enable him to play a key role in driving our
strategy and reinforcing our leadership position in the global
lighting industry, while building strong and lasting relationships
with the investor community.”
Javier has held financial leadership positions at international
FMCG, retail and pharmaceutical companies in listed, family owned
and private equity environments. He most recently held the position
of CFO for Grupo Telepizza, a EUR 1.2 billion food operator,
ultimately leading the process to take the company private in 2019.
Prior to this, he was CFO of Jerónimo Martins, a EUR 15 billion
listed food retailing company with over 90,000 employees. Javier
also has a solid manufacturing and M&A background, stemming
from the start of his career at Procter & Gamble, and
subsequent CFO roles at AstraZeneca and Triumph International.
A Belgian and Portuguese national, Javier holds a master’s
degree in Economics from the Antwerp International Business School
in Belgium.
“I cannot imagine a more exciting time to join Signify. With its
strong innovation heritage, the quality of its people and the
leadership team, and the recently increased global footprint,
Signify is well positioned to further grow its market leadership.
Through a combination of continued financial discipline and a focus
on value creation opportunities, I am looking forward to contribute
to the success of the company in the next phase of its strategy,”
commented Javier.
Signify will propose the appointment of Javier van Engelen to
the Board of Management at an Extraordinary General Meeting of
Shareholders (EGM), to be held later this year.
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For further information, please contact:
Signify Investor Relations Rogier DierckxTel:
+31 6 1138 4609E-mail: rogier.dierckx@signify.com
Signify Corporate CommunicationsElco van
GroningenTel: +31 6 1086 5519E-mail:
elco.van.groningen@signify.com
About SignifySignify (Euronext: LIGHT) is the
world leader in lighting for professionals and consumers and
lighting for the Internet of Things. Our Philips products, Interact
connected lighting systems and data-enabled services, deliver
business value and transform life in homes, buildings and public
spaces. With 2019 sales of EUR 6.2 billion, we have approximately
38,000 employees and are present in over 70 countries. We unlock
the extraordinary potential of light for brighter lives and a
better world. We have been named Industry Leader in the Dow Jones
Sustainability Index for three years in a row. News from Signify is
located at the Newsroom, Twitter, LinkedIn and Instagram.
Information for investors can be found on the Investor Relations
page.
Market Abuse Regulation This press release
contains information within the meaning of Article 7(1) of the EU
Market Abuse Regulation.
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