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    New Chief Executive Office for Signify UK and Ireland

    November 3, 2020

    Signify Announces Stephen Rouatt as New Chief Executive Officer

     

    Guilford, United Kingdom - Signify (Euronext: LIGHT), the world leader in lighting, is pleased to announce the appointment of Stephen Rouatt as the new Chief Executive Officer for Signify UK and Ireland.

     

    He has been with Signify for almost five years, bringing more than 20 years of industry and professional services experience across a range of sectors to the CEO role. With Signify, Stephen was previously Group Head of the Strategy, Alliances & Market Insights team, where he was responsible for setting the business’ overall direction, defining Signify’s IoT and M&A strategies (including acquisitions of Cooper Lighting Solutions, WiZ, and Once/iLOX), leading the company’s Alliances function and launching several transformation programs. Stephen has also been closely involved in the development and acceleration of several of Signify’s sustainable growth businesses. 

     

    Based out of the UK, Stephen replaces Joao Pola, who will become the head of Signify’s 3D Printing division.

    I feel really privileged to be appointed CEO of Signify UK&I. It has been a pleasure to see the transformation of the lighting industry as it moves to more connected, intelligent solutions, as well as be part of a business that is a true champion of sustainability with achievements such as our global carbon neutrality announcement this year."

     

    Stephen Rouatt

    Chief Executive Officer, Signify UK&I

    Prior to Signify, Stephen was a Managing Principal at ING Bank, focused on strategy and innovation, and helping launch several fintech ventures.  He spent 10 years split between McKinsey & Company in their Digital practice, and Accenture in their technology strategy group based in the UK, serving large corporate clients across North America, Europe, Africa, and Asia. Stephen is currently a member of several World Economic Forum (WEF) committees related to Engineering & Construction, Infrastructure & Urban Development, and Digital Transformation. 

     

    Stephen will take over the CEO duties over the month of November and will report to Frank van der Vloed, Market Group Leader for Europe.

    For further information, please contact:

    Signify UKI

    Simon Collinson

    Tel: + 44 (0)7834 020094

    E-mail: simon.collinson@signify.com

    About Signify

     

    Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2019 sales of EUR 6.2 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in 2020 and have been named Industry Leader in the Dow Jones Sustainability Index for three years in a row. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.

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