Amsterdam, The Netherlands - Royal Philips Electronics (NYSE:PHG, AEX: PHI) today announced the appointment of Pieter Nota as Chief Executive Officer of Philips Consumer Lifestyle and member of its Group Management, effective September 1, 2010, succeeding Andrea Ragnetti, who, as announced previously, will leave Philips as of the same date. To ensure a smooth transition, Mr. Nota will join Philips on August 1, 2010. It is Philips’ intention to propose the appointment of Mr. Nota as a member of the Board of Management of Philips to its Annual General Meeting of Shareholders, to be held on March 31, 2011.
Mr. Nota (Dutch, 1964) joins Philips from Beiersdorf AG (a.o. Nivea), a leading global cosmetics company, based in Hamburg, Germany, where he serves on its Board of Management as Chief Marketing & Innovation Officer with overall responsibility for brands as well as marketing, innovation and sales, including a significant regional P&L responsibility. Prior to this, Mr. Nota worked for 15 years at Unilever in several international management positions.
“I am very pleased that in Pieter Nota, we have been able again to attract a leader for our Consumer Lifestyle sector with a strong track record and established leadership in brand management and consumer marketing,” Gerard Kleisterlee, President and Chief Executive Officer of Philips, commented. “Moreover, on our journey to become a global leader in health and well-being, I believe we will benefit from Pieter’s rich experience in particularly the well-being area.”
”I am very happy to join Philips in this exciting role and look forward to working, together with the management team of the sector, on further strengthening Philips’ presence in the consumer markets,” Mr. Nota commented. “Philips is a fantastic brand with a substantial equity, and I firmly believe that the sector I will now have a chance to lead is well-positioned for continued success.”
Mr. Nota's CV and a hi-res image are available here.