Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Philips Annual General Meeting of Shareholders re-appoints CEO Frans van Houten and CFO Abhijit Bhattacharya

May 9, 2019

May 9, 2018

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Annual General Meeting of Shareholders (AGM) re-appointed Frans van Houten as President/CEO and member of the Board of Management, and Abhijit Bhattacharya as member of the Board of Management fulfilling the role of CFO.

The other proposals voted on at the AGM, including the re-appointment of David Pyott and the appointment Elizabeth Doherty as members of the Supervisory Board, and the distribution of a dividend of EUR 0.85 per share over 2018, were also adopted. More information about the optional dividend can be found via this link.

Additional information on the composition of the Board of Management, the Executive Committee and the Supervisory Board can be found here.

Philips’ 2018 results are included in Philips’ 2018 Annual Report that was published on February 26, 2019. For more information about Philips’ 2019 AGM, please click on this link.

For further information, please contact:

Ben ZwirsPhilips Group Press OfficeTel.: +31 6 15213446E-mail: ben.zwirs@philips.com

Ksenija GonciarenkoPhilips Investor RelationsTel.: +31 20 59 77055E-mail: ksenija.gonciarenko@philips.com

About Royal PhilipsRoyal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health 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’ health technology portfolio generated 2018 sales of EUR 18.1 billion and employs approximately 77,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.


-- AGM03 -- AGM04