Amsterdam, the Netherlands – Today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) will host a conference call to update the markets on matters related to financial reporting, Group Management & Services (GM&S) costs, pensions, and other financial matters.
The conference call together with Ron Wirahadiraksa, Chief Financial Officer, and Jan van Leeuwen, Group Controller, is an annual update that, in previous years, was provided as part of the Capital Markets Day in Amsterdam in December. Since 2011, Philips has merged two Capital Markets Days into the one that takes place in September. The company is therefore providing this update via a dedicated conference call.
During the call it will be announced that Paul Verhagen, currently CFO of Consumer Lifestyle, will become the CFO of Lighting per January 1st, 2012, succeeding Mr. Wirahadiraksa in his capacity as interim CFO of Lighting. As per the same date, the current Group Controller, Mr. Van Leeuwen, will succeed Mr. Verhagen as the CFO of Consumer Lifestyle.
The conference call will start on Thursday, December 8 at 13:00 PM CET. The relevant dial-in numbers can be found via this link. Reporters can access the call in a listen-only mode.
A live audio webcast of the conference call, as well as the handout of the presentation will be available via this link.