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    Signify delivers update on CEO succession process; CFO Željko Kosanović appointed interim CEO

    April 25, 2025 

    Signify delivers update on CEO succession process; CFO Željko Kosanović appointed interim CEO  

     
    Eindhoven, the NetherlandsSignify (Euronext: LIGHT), the world leader in lighting, today delivered an update on the succession of CEO Eric Rondolat, who steps down after today’s Annual General Meeting of Shareholders (AGM). The Supervisory Board stated that it is on track to complete its review of internal and external candidates and expects to conclude the process next month. 
     

    Željko Kosanović has been appointed as interim CEO of Signify in addition to continuing his role as CFO. 

     

    "We are pleased that Željko Kosanović has agreed to serve as interim CEO. With his extensive experience and knowledge of the business, Željko is well suited to lead the company through this transition period,” said Gerard van de Aast, Chair of the Supervisory Board, Signify. “We look forward to continue working with Željko and the leadership team as we execute our strategy and position the company for long-term growth.” 

    For further information, please contact:

    Signify Corporate Communications

    Tom Lodge

    Tel: +31 6 5252 5416

    E-mail: tom.lodge@signify.com

     

    Signify Investor Relations

    Thelke Gerdes

    Tel: +31 6 1801 7131

    E-mail: thelke.gerdes@signify.com

    About Signify

     

    Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2024, we had sales of EUR 6.1 billion, approximately 29,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for eight consecutive years and have achieved the EcoVadis Platinum rating for five consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.

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