EINDHOVEN, the Netherlands – In announcements on December 12th, Signify proposed the following appointments and re-appointments, and announced the following changes to its Board of Management and Supervisory Board.
- Proposal to re-appoint Eric Rondolat as CEO at the Annual General Meeting of Shareholders to be held in May 2024
- CFO Javier van Engelen will leave the company on April 1, 2024
- CCO Maria Letizia Mariani will leave the company at the end of her term in May 2024
- Chair of the Supervisory Board, Arthur van der Poel, will step down in May 2024
- Proposal to appoint Jeroen Drost as Supervisory Board member
- Proposal to re-appoint Pamela Knapp and Rita Lane as Supervisory Board members, Frank Lubnau is not available for another term
CEO
The Supervisory Board proposes to re-appoint Eric Rondolat as CEO and Chair of the Board of Management at the Annual General Meeting of Shareholders to be held in May 2024, for a period of four years.
“The Supervisory Board is very pleased that Eric Rondolat remains available for a next term,” said Arthur van der Poel, Chair of the Supervisory Board of Signify. “Eric has proven to be a strong leader of the business and will be of great value and importance in continuing to execute on Signify’s strategy in the new customer-centric organization for the coming years.”
CFO and CCO
Javier van Engelen, who joined Signify as the company’s CFO in 2020, has decided to leave the company on April 1, 2024, to pursue other interests. An announcement on his succession will follow in due course.
As Signify moves to a new operating model announced on December 1, it has been agreed not to renew the role of Chief Commercial Officer, held by Maria Letizia Mariani since her appointment in 2020. Therefore, she will not be up for re-appointment at the AGM in May 2024. Maria Letizia will assist the CEO with the transition and work on some key strategic projects until the end of her term.
“The Supervisory Board would like to thank Javier and Maria Letizia for their important contributions to the company, and we wish them all the best in their future endeavors,” said Arthur van der Poel, Chair of the Supervisory Board.
SUPERVISORY BOARD
The Chair of the Supervisory Board, Arthur van der Poel, will step down at the close of the Annual General Meeting of Shareholders (AGM) to be held in May 2024. From that date, he will be succeeded by the current Vice Chair of the Supervisory Board, Gerard van de Aast.
The Supervisory Board proposes the appointment of Mr. Jeroen Drost as a member of the Supervisory Board for a period of four years. Jeroen Drost will attend Signify Supervisory Board meetings as an observer until the AGM vote.
Mr. Jeroen Drost (Dutch, 62) has been the CEO of the family-owned company SHV Holdings since 2016. Prior to this, he was the CEO of SHV private equity company, NPM Capital (2015-2016), CEO of the merchant bank, NIBC Bank (2008-2014), and held various executive roles with ABN AMRO Bank where he worked from 1986-2008. He is a member of the Supervisory Board of HR services provider, Randstad, and manufacturer of electrical buses, Ebusco. Jeroen Drost holds a master’s degree in both Business Economics and in Dutch law, both from the Erasmus University Rotterdam.
The Supervisory Board proposes the re-appointment of Supervisory Board members Ms. Pamela Knapp for a period of four years and Ms. Rita Lane for a period of two years.
Pamela Knapp has been a member of the Supervisory Board since 2020. She is the Chair of the Audit Committee and member of the Remuneration Committee.
Rita Lane has been a member of the Supervisory Board since the IPO in 2016. She is a member of the Nomination & Governance Committee and the Digital Committee. As Rita already served for two four-year terms, and in accordance with the Dutch corporate governance code, her proposed re-appointment is for a period of two years.
Frank Lubnau is not available for a re-appointment when his term ends in May 2024.
“We are very pleased that Jeroen Drost is available to join our Board,” said Arthur van der Poel, Chair of the Supervisory Board of Signify. “He has a wealth of experience in banking and investment activities across numerous industries, which will bring a thorough investor’s perspective to our Board. We are also very pleased that both Pamela Knapp and Rita Lane are available to continue their roles on our Board. We thank Frank for his contribution to our Board over the past four years, particularly in the digital domain.”
The above proposals for appointment and re-appointments will be made to the Annual General Meeting of Shareholders to be held in May 2024.
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