Philips appoints Roy Jakobs as President and CEO for the Middle East and Turkey

Dubai, U.A.E. - Royal Philips Electronics (NYSE:PHG, AEX: PHI) announced Roy Jakobs as its new President and Chief Executive Officer - effective from the first Quarter of 2012 - to lead the company towards accelerated growth in the Middle East and Turkey (MET) areas.

Philips aims to strengthen the regional focus by supporting the governments, communities and private sectors through its meaningful innovations for a healthier and more sustainable ME&T. Through the appointment of Mr. Jakobs, Philips underlines this ambition.

"With Philips' expertise and innovations, we want to support the governments and private sectors in tackling the different regional challenges. When it comes to healthcare, we want to make sure that we help improve patient outcomes while lowering the burden on the healthcare system", says Roy Jakobs. "Philips does not only provide tangible products, but also supports with innovative financial solutions, preventative screening programs and other services like continuous clinical application education and trainings for medical professionals, which is also one of the focuses of government spending. Last year, almost 200 healthcare professionals were trained in our Customer Education Centers in the region".

"Philips also plays a big role in the reduction of energy and carbon footprint", he adds. "Today, approximately 22% of the electricity used in the Middle East is spent on lighting, which is a higher rate compared to the rest of the world. With LED technology quickly set to become the industry norm, Philips has the insights and capabilities to make a significant difference in driving down energy consumption, while enhancing life with light, through its innovations as the world's largest lighting provider".

Roy Jakobs first joined Philips in 2010, based in Eindhoven - The Netherlands, as Lighting's Chief Marketing Officer, a role in which he held responsibility for global marketing of lighting solutions, in the fast changing lighting industry. This role focused especially on driving leadership in LED Lighting and capturing the opportunities of the lighting industry transformation.

Prior to Philips, Mr. Jakobs has worked across several different industries such as Oil, Media and Publishing, in multiple countries and various executive roles globally.

-Ends-
For further information, please contact:
Natali Fahmi
Corporate Communications Manager
Philips Middle East & Turkey
Tel: +97155 2008304
E-mail: natali.fahmi@philips.com

Press release posted on: Mar 22 2012

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Category

Description

Electronics

http://www.philips.com
Country: Netherlands

Royal Philips Electronics of the Netherlands is a global leader in healthcare, lifestyle and technology, delivering products, services and solutions through the brand promise of sense and simplicity.

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people's lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of "sense and simplicity." Headquartered in the Netherlands, Philips employs about 117,000 employees with sales and services in more than 100 countries worldwide. With sales of EUR 22.3 billion in 2010, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter.

Philips Design, with 7 locations in Europe, the USA and Asia Pacific, is one of the longest-established design organizations of its kind in the world. Its creative force of some 400 professionals, representing more than 35 different nationalities, embraces disciplines as diverse as psychology, cultural sociology, anthropology and trend research in addition to the more 'conventional' design-related skills. The mission of these professionals is to create solutions that satisfy people's needs, empower them and make them happier, all of this 2 of 2 without destroying the world in which we live. For more information, please visit: www.design.philips.com.

Philips head office
Amstelplein 2
1096 BC Amsterdam
The Netherlands
Telephone +31 20 59 77777

For local media queries, please contact:
Natali Fahmi
Corporate Communications
Philips Middle East & Africa
Tel: +9714 3095155
Email: natali.fahmi@philips.com