Signify announced today that CEO Eric Rondolat will step down from the Board of Management after the Annual General Meeting (AGM) on April 25, 2025. Rondolat has served as Chief Executive Officer and Chair of the Board of Management since Signify was listed on the Euronext Amsterdam stock exchange in May 2016. Before that, he was Executive Vice President and CEO for Lighting at Philips from April 2012 to May 2016.
The Supervisory Board and Rondolat have agreed that now is the right time for a leadership change. The Board will begin searching for a successor, considering internal and external candidates.
“It has truly been a great honor for me to lead this exceptional company through the demanding transformation of the lighting industry. I am immensely proud of what our teams have achieved, building the industry leader in a new technological era. Together, we have developed a culture of responsible innovation and set new benchmarks for sustainable growth, while enhancing our teams’ solidarity and customer centricity,” said Eric Rondolat, CEO of Signify. “As we conclude this important chapter of our transformation, I am very confident that Signify will continue to lead and successfully execute its growth strategy. While the Supervisory Board conducts its search, I remain more than ever committed to my colleagues, our customers, investors and other stakeholders.”
Signify earlier reported a 6.6% decline in comparable sales growth (CSG).
This announcement follows the resignation of Keith Eagle, Vice President and General Manager US Professional Channel. Keith departed the company on 17 JAN and joined WAC Group on 23 JAN.