
Signify CEO to step down
(Netherlands) – Signify CEO Eric Rondolat is to step down from the company’s Board of Management after the shareholders Annual General Meeting (AGM) this April, the company has announced.
Rondolat has held the position of CEO and Chair of the Board of Management at Signify since the company was listed on the Euronext Amsterdam stock exchange in May 2016. Before this, he was Executive Vice President and CEO for Lighting at Philips from April 2012 to May 2016.
The Supervisory Board and Rondolat have agreed that the time is right for a change of leadership. The Supervisory Board will now conduct the search for a successor, and will consider both internal and external candidates.
Following the announcement, Rondolat said: “It has truly been a great honour for me to lead this exceptional company through the demanding transformation of the lighting industry. I am immensely proud of what our teams have achieved, building the industry leader in a new technological era. Together, we have developed a culture of responsible innovation and set new benchmarks for sustainable growth, while enhancing our teams’ solidarity and customer centricity.
“As we conclude this important chapter of our transformation, I am very confident that Signify will continue to lead and successfully execute its growth strategy. While the Supervisory Board conducts its search, I remain more than ever committed to my colleagues, our customers, investors, and other stakeholders.”
Gerard van de Aast, Chair of the Supervisory Board of Signify, adds: “On behalf of the Supervisory Board, I would like to express our gratitude to Eric for his vision and dedication, as he led the business for more than 12 years.
“Under his leadership, Eric successfully delivered the company’s separation from Philips and IPO, continually establishing Signify as the global leader in lighting for professionals and consumers. His experience and unrivalled knowledge of the market have been essential to successfully navigating the challenging and dynamic market conditions of recent years. His foresight led to the transformation of the business t LED and connected lighting technologies. In doing so, he has set the course for Signify to continue to lead the lighting industry through the digital age. We are pleased that Eric will remain with the business until the AGM 2025.”
