What it’s best to know:

– Philips (NYSE: PHG, AEX: PHIA), a world chief in well being know-how, has introduced the appointment of Charlotte Hanneman as its new Chief Monetary Officer (CFO).

– Ms. Hanneman will be a part of the corporate's Board of Administrators on June 1, 2024 and formally assume the position of CFO on October 1, 2024. She is going to succeed Abhijit Bhattacharya, who will retire on September 30, 2024, after a profitable 37-year profession with Philips.

Hanneman's biography/background

Ms. Hanneman brings greater than 20 years of expertise within the MedTech and pharmaceutical industries. She joins Philips from Stryker, a world medical know-how firm, the place she at present serves as Controller and Head of Monetary Planning & Evaluation. Previous to Stryker, Ms. Hanneman held worldwide monetary management roles at different multinational healthcare firms similar to Merck, Schering-Plough and Organon.

“I want to thank Abhijit for his essential contribution to the transformation of Philips right into a well being know-how firm. His dedication and management have had a significant impression throughout his lengthy, 37-year profession with the corporate. Sooner or later I’ll miss him for his character and the perception he dropped at the boardroom. Nonetheless, he’ll stay our CFO till the top of September, guaranteeing a easy transition. On behalf of the Philips Government Committee, I want him all the very best in his future endeavors,” stated Roy Jakobs, CEO of Royal Philips.