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Lighting CEO Rudy Provoost to leave Philips later this year

Philips has announced that Rudy Provoost will leave as chief executive officer of the Lighting sector later this year to join the Management Board of Rexel, the electrical supplies distributor. Provoost is set to leave Philips on 30 September 2011and will start work at Rexel in early 2012.

“I thank Rudy for his considerable contributions to Philips and I regret to see him go,” said Frans van Houten, president and chief executive officer of Philips. “In his three years as CEO of Lighting, Philips has strengthened its leadership position in lighting and I wish him all the best in his new role.’’

“After more than a decade with Philips, I am ready to take on a new challenge”, said Rudy Provoost. “As the global lighting industry is going through a major transformation towards energy-efficient LED lighting and an increased focus on complete lighting solutions, I am confident that Philips Lighting is well positioned and will remain a driving force in the lighting industry.’’

Born in 1959 in Belgium, Provoost joined Philips in October 2000 as executive vice-president of Consumer Electronics Europe and in 2004 he became chief executive officer of the Consumer Electronics division, which has since been merged with Domestic Appliances and Personal Care into the Consumer Lifestyle sector. In April 2006, Mr. Provoost was appointed a member of the Board of Management and two years later he took the position of chief executive officer of the Lighting sector.