New CFO for Philips

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PhilipsAbhijit Bhattacharya, who was CFO of Philips Lighting and project leader for the creation of Lighting as a standalone company, has succeeded Ron Wirahadiraksa as CFO of Royal Philips, with immediate effect. Ron Wirahadiraksa, who rejoined Philips in 2008, has resigned from the Board of Management and the Executive Committee and will join a listed company in another industrial sector on December 1, 2015. Abhijit Bhattacharya (Indian, 1961) joined Philips in 1987 and has held various senior leadership roles in the company in Asia Pacific, Europe and the U.S.