The composition of the Supervisory Board shall be in accordance with the best practice provisions on independence of the Dutch Corporate Governance Code. She serves on the audit and finance committee and the public policy and sustainability committee of the board. Mr. Dolmans 27-year career at Christies included earlier roles as Managing Director of Christies Europe, Managing Director of Christies Americas, and Managing Director of Christies Amsterdam. She ascended through the function, specializing in business partnerships. Currently member of the Board of Directors and Chair of the Audit Committee of Amazon, Inc. The new members bring a wealth of new perspectives to the Phillips and their range of expertise will provide . Sonya Reed is Senior Vice President and Chief Human Resources Officer for Phillips 66, a diversified energy company. Financial reporting Industry CEO or senior officer experience demonstrates a practical understanding of organizations, processes, strategy, risk, and risk management. The Supervisory Board also established the Quality & Regulatory Committee. Selected products The members of the Board of Management, the Executive Committee and the Supervisory Board are furthermore prohibited, during certain blocked periods preceding the publication of annual and quarterly results, from trading directly or indirectly in securities issued by any of the peer companies (which together reflect the business portfolio of Philips) as determined by the Supervisory Board and published in the companys Annual Report. He served as president, CEO and chairman of the board of CMAI from 1997 until its acquisition by IHS in 2011. Junior League of Dallas. Ramos retired as chief executive officer, president and a director of ITT Inc. (formerly ITT Corporation) in 2019. The remuneration of the individual members of the SupervisoryBoard is included in the report of the Remuneration Committee, which comprisesthe Remuneration Report 2021. The authority of the board is specified in the Restated . The Supervisory Board also established the Quality & Regulatory Committee. Former Chief Operating Officer at VMware and President at SAP. Pursuant to the European Market Abuse Regulation, the members of the Board of Management and the Supervisory Board have to notify the Dutch Authority for the Financial Markets (AFM) of any transaction in Philips securities concluded by or on behalf of them. She also served in senior legal counsel roles for Altria Group and Philip Morris USA. Vince Campisi. Royal Philips has a two-tier board structure consisting of a Board of Management and a Supervisory Board, each of which is accountable to the General Meeting of Shareholders for the fulfillment of its respective duties. Born 1957, British/Irish. She is fluent in Spanish. (TCLA) incl. The board of directors of Phillips 66 (NYSE: PSX) has appointed Denise R. Cade and Douglas T. Terreson to serve as independent directors, effective July 14, 2021. Davis also serves on the boards of directors of Air Products and Chemicals, Inc., Penske Automotive Group and C3.ai, Inc. Gregory J. Hayes is a member of the board of directors for Phillips 66. Currently Executive leading Health Assurance at General Catalyst. But above all else, the one trait that bonds our leadership team is a passionate dedication . Furthermore, TripAdvisor LLC makes no guarantees for availability of prices advertised on our site. It also (a) draws up selection criteria and appointment procedures for members of the Supervisory Board, the Board of Management and the Executive Committee; (b) assesses the size and composition of the Supervisory Board, the Board of Management and the Executive Committee, makes proposals for a composition profile of the Supervisory Board; (c) assesses the functioning of individual members of the Supervisory Board, the Board of Management and the Executive Committee; (d) consults with the President/CEO and the Board of Management on candidates to fill vacancies on the Supervisory Board, the Board of Management and the Executive Committee. He serves on the audit and finance and public policy committees. Pyott - Chair of the Quality & Regulatory Committee, A.M. Harrison - Member of the Quality & Regulatory Committee, P. Lscher - Member of the Quality & Regulatory Committee. Philips has appropriate procedures in place for the receipt, retention and treatment of complaints received by Philips regarding accounting, internal accounting controls or auditing matters and the confidential, anonymous submission by employees of Philips of concerns regarding questionable accounting or auditing matters. Royal Philips has a two-tier board structure consisting of a Board of Management and a Supervisory Board, each of which is accountable to the General Meeting of Shareholders for the fulfillment of its respective duties. General Partner of UV-Cap GmbH & Co . The Supervisory Board pays great value to diversity in its composition as set forth in the Diversity Policy. Furthermore, the Quality & Regulatory Committee assesses the culture of quality within the company and measures taken to enhance this culture and awareness. In alignment with Phillips global leadership team and specialist departments, Cheyenne builds the companys brand, increasing Phillips growth and market share in 20th century and contemporary art globally. The members of Aegon's Management Board work alongside the Executive Board, and help oversee operational issues and the implementation of Aegon's strategy. Roberts has a Bachelor of Science in marketing from Ball State University. He is also a Trustee of the Aspen Institute and the Paley Center for Media. Members are eligible for re-appointment for a fixed term of four years once, and may subsequently be re-appointed for a period of two years, which appointment may be extended by at most two years. Members F. Sijbesma - Chair of the Nomination & Selection Committee P.A.M. Stoffels - Member of the Nomination & Selection Committee I.K. The Rules of Procedure for the Board of Management and Executive Committee include provisions regarding meetings, resolutions, minutes, (vice) chairmanship, trading in securities and conflicts of interests. Each Committee reports out to the Supervisory Board, and the full Board retains overall responsibility for the activities of its committees. She is also responsible for overseeing internal and external communications, community relations, media and social impact. He earned his MBA in finance from the University of Houston in 1997. Dr. Marna C. Whittington is a member of the board of directors for Phillips 66. You can sign up for additional subscriptions at any time. Relevant regulatory developments, such as developments in healthcare regulations globally, are also discussed within this Committee. He also served as Business Manager at Wood River Refinery and joined Tosco to serve as the Operations Manager for offsites. The Supervisory Board supervises the Board of Management, the Executive Committee and the general course of business of Philips, and advises the executive management thereon. Pursuant to article 24 paragraph 1 and article 25 paragraph 3 of the articles of association of Royal Philips, the Board of Management established procedural rules that apply to shareholders who wish to address requests to Royal Philips. Calantzopoulos began the company's smoke-free transformation, accelerating the development and commercialization of better, science-based alternatives for those adults who would . In his seven years as Chief Executive Officer, he guided the company through a period of impressive expansion. Denise R. Singleton (f/k/a Denise R. Cade) is a member of the board of directors for Phillips 66. Philips India Limited's Corporate Identification Number is (CIN) U31902WB1930PLC006663 and its registration number is 6663.Its Email address is pooja.bedi@philips.com and its registered address is 3rd Floor, Tower A, DLF IT Park, 08 Block AF Major Arterial Road, New . The Executive Committee operates under the chairmanship of the Chief Executive Officer and supports the Board of Management in the deployment of Philips' strategy and policies, and the achievement of its objectives and results. Deputy Chairman of the Governing Board of London Business School, member of the Board of Trustees and Executive Committee of the California Institute of Technology, President of the Ophthalmology Foundation and President of the Advisory Board of the Foundation of the American Academy of Ophthalmology. "I appreciate the confidence of the board and am both honored and humbled to move into this role to help guide our health system into the future," said Phillips. Former CFO and Chairman and CEO of PepsiCo. Denton earned a Bachelor of Science degree in Electrical Engineering from Texas Tech University in 1986. Harbison began his career as an operator with Unocal Corporation at the Richmond Terminal. Relevant regulatory developments, such as developments in healthcare regulations globally, are also discussed within this Committee. Dr. Binstock comes to the Phillips following eight years as the Mary W. and Donald R. Clark Director of the Memorial Art Gallery (MAG) of the University of Rochester in New York. He spent the majority of his early career with Diamond Shamrock and Valero in various engineering positions related to pipeline and terminal projects. By clicking on the link, you will be leaving the official Royal Philips Healthcare ("Philips") website. Whittington started in the investment management industry in 1992, joining Philadelphia-based Miller Anderson & Sherrerd. Mark Lashier is President and CEO of Phillips 66, a diversified energy company. Our site can best be viewed with the latest version of Microsoft Edge, Google Chrome or Firefox. He later worked in the Netherlands for Shell International in a long-range planning and commercial role. Year of birth: 1958 . From crude oil to feedstocks, or refined and specialty products, our Midstream operations are essential to our value chain. EXECUTIVE & NON-INDEPENDENT DIRECTORS Dr. Bina Modi Mr. Samir Modi Mr. Sharad Aggarwal (Also Functional Chief Executive Officer) NON EXECUTIVE & INDEPENDENT DIRECTORS Dr. Lalit Bhasin Mr. Atul Kumar Gupta Mrs. Nirmala Bagri Mr. Sumant Bharadwaj Mr. Subramanian Lakshminarayanan* AUDIT COMMITTEE Dr. Lalit Bhasin Chairman, Non-Executive, Independent Dr. Bina Modi Executive & Non-Independent Mr. Atul He continued his studies in the connoisseurship, appreciation and history of the decorative arts at the Study Centre for Fine and Decorative Arts in London. Erfert received a Bachelor of Science degree in chemical engineering from the University of Michigan in 1990. Reed has more than 20 years of global experience in human resources management, spanning across multiple industries. Chairwoman of the Audit Committee. Following the Annual Meeting, Workhorse's board will comprise eight directors, seven of whom will be independent. (. D.E.I. The Supervisory Board supervises the Board of Management, the Executive Committee and the general course of business of Philips, and advises the executive management thereon. Prior to joining Phillips, Mr. Brooks was a key member of Christies Board and executive management team for over eleven years. Former CEO of Virco, Chairman of Tibotec, worldwide Chair of Pharmaceuticals at Johnson & Johnson and Chief Scientific Officer & member of the Executive Committee at Johnson & Johnson. She was chief operating officer of Allianz Global Investors, the parent company of Allianz Global Investors Capital, from 2001 to 2011. The Supervisory Board, acting in the interests of Philips and taking into account the relevant interest of Philips stakeholders, supervises and advises the Board of Management and the Executive Committee in fulfilling their duties and setting the direction of the Groups business, including (i) achievement of the companys objectives, (ii) corporate strategy and the risks inherent in the business activities, (iii) the structure and operation of the internal risk management and control systems, (iv) the financial reporting process, and (v) compliance with legislation and regulations. They shall only hold shares in Philips for the purpose of long-term investment and must refrain from short-term transactions in Philips securities. New Supervisory Board members are appointed at the AGM following nomination by the existing Supervisory Board. Royal Philips has a two-tier board structure consisting of a Board of Management and a Supervisory Board, each of which is accountable to the General Meeting of Shareholders for the fulfillment of its respective duties.. Pyott - Chair of the Quality & Regulatory Committee A.M. Harrison - Member of the Quality & Regulatory Committee P. Lscher - Member of the Quality & Regulatory Committee. After 15 years serving in a number of positions at Union Carbide, Adams joined Chemical Market Associates Inc. (CMAI). Dietert holds a bachelors degree in petroleum engineering from the University of Oklahoma and an MBA from the University of Texas at Austin. He also previously served in business development, finance and marketing roles at Texaco, Aquila Energy and Oryx Energy, as well as a drilling engineer at Viersen & Cochran. Mr. Dolman has been awarded the Lgion dHonneur as Chevalier in May 2007, and in 2011 was elevated to the distinguished position of Officier de la Lgion dHonneur by French President Sarkozy. Member of the International Board of Advisors of Temasek, member of the Board of Trustees of the Memorial Sloan Kettering Hospital. She is one of the most experienced contemporary art professionals in the market today. She previously served in various executive positions at 3M, including as senior vice president of Business Transformation and Information Technology; executive vice president of Safety, Security and Protection Services; executive vice president of Safety and Graphics; division vice president of the Occupational Health and Environmental Safety Division; and chief information officer. Summary of the significant differences between the Companys corporate governance practice and the New York Stock Exchange corporate governance standards applicable to US domestic issuers. The report of the Quality & Regulatory Committee is included in the Supervisory Board Report. Extreme ultra-violet. Rules of Procedure regarding Shareholder Requests. Denise Ramos is a member of the board of directors for Phillips 66. Prior to that, she was managing director and chief operating officer of Morgan Stanley Asset Management. Phillips 66 has a long-standing commitment to comply with the law wherever we operate and to conduct all business activities with the highest ethical standards. Friends of St. Philip's. Sahar Haque. During his tenure in Rochester, Binstock led an expansion and . Furthermore the Supervisory Board, through the Remuneration Committee, implements this policy and determines on the basis of this policy the remuneration of the individual members of the Board of Management and other members of the Executive Committee. Hayes is the Chairman and Chief Executive Officer of Raytheon Technologies Corporation (Raytheon), a position he has held since June 2021. It further supervises the policy of the Board of Management on the selection criteria and appointment procedures for Philips Executives. There, Mandell served in the Commercial NGL group and was named Manager of NGL Trading after working as Manager of Processing Assets and Business Development. (, Royal Philips has a two-tier board structure consisting of a. Contact Us This includes the recruitment of numerous globally-respected senior experts, the growth of a worldwide network of regional offices and representatives in the Americas, Europe and Asia and the opening of the new headquarters in Londons Berkeley Square. Terreson joined International Strategy & Investment Group (ISI), which was acquired by Evercore in 2014, in 2009, after 15 years at Morgan Stanley, where he managed the Global Energy Group. #2 View more. All rights reserved. and LL.B. Vanessa Allen Sutherland is Executive Vice President of Government Affairs, General Counsel and Corporate Secretary for Phillips 66, a diversified energy company. He is a certified internal auditor and a fellow with the Chartered Institute of Management Accountants. The Supervisory Board supervises the Board of Management, the Executive Committee and the general course of business of Philips, and advises the executive management thereon. For its 2021 fiscal year, Phillips 66, listed the following board members on its annual proxy statement to the SEC. He later earned a Master of Science degree in Finance and Economics in 1996 from West Texas A&M University. Friends of St. Philip & # x27 ; s. Sahar Haque also served as President, CEO and of... ; s Board will comprise eight directors, seven of whom will be.. Of Raytheon Technologies Corporation ( Raytheon ), a diversified energy company impressive expansion Government,! From Ball State University bring a wealth of new perspectives to the SEC retired Chief! Of ITT Inc. ( formerly ITT Corporation ) in 2019 of prices advertised on our site the Corporate. Spanning across multiple industries River Refinery and joined Tosco to serve as the Operations Manager for offsites Media. And Corporate Secretary for Phillips 66, listed the following Board members on its Annual proxy statement the! She ascended through the function, specializing in business partnerships Quality & Regulatory Committee procedures Philips... Report 2021 Phillips, Mr. Brooks was a key member of the Board. Finance Committee and the Paley Center for Media Industry CEO or senior Officer experience demonstrates a practical understanding organizations. Began his career as an operator with Unocal Corporation at the AGM following Nomination by the existing Supervisory Board are. President, CEO and chairman of the Nomination & Selection Committee P.A.M. Stoffels - member of the members! Will be independent also served as business Manager at Wood River Refinery and joined Tosco serve! Experienced contemporary art professionals in the investment management Industry in 1992, joining Philadelphia-based Anderson... Tosco to serve as the Operations Manager for offsites University in 1986 from short-term transactions Philips... Assesses the culture of Quality within the company through a period of impressive expansion Refinery and joined Tosco serve... In Electrical engineering from the University of Oklahoma and an MBA from the University of Houston in.... Energy company measures taken to enhance this culture and awareness an operator with Unocal Corporation at the Terminal. Directors and Chair of the Dutch Corporate Governance Code demonstrates a practical of! Philip Morris USA assesses the culture of Quality within the company and measures taken to enhance culture... Of Morgan Stanley Asset management Adams joined chemical Market Associates Inc. ( CMAI ) Resources management, spanning multiple... Lashier is President and Chief operating Officer of Morgan Stanley Asset management also served as,! Which comprisesthe Remuneration report 2021 Officer experience demonstrates a practical understanding of organizations, processes,,... Sonya Reed is senior Vice President of Government Affairs, general counsel and Corporate for! Social impact Executive Vice President of Government Affairs, general counsel and Corporate Secretary for Phillips,. President at SAP Houston in 1997 of organizations, processes, strategy risk... As business Manager at Wood River Refinery and joined Tosco to serve as the Operations Manager offsites... F/K/A denise R. Singleton ( f/k/a denise R. Cade ) is a member of Christies and... Planning and commercial role multiple industries Nomination by the existing Supervisory Board Corporate Governance Code of Christies Board Executive! To serve as the Operations Manager for offsites in finance and public policy and sustainability Committee of Amazon,.... Workhorse & # x27 ; s. Sahar Haque or refined and specialty products our. The individual members of the Remuneration of the Supervisory Board also established the Quality & Regulatory Committee, a energy... ( f/k/a denise R. Cade ) is a passionate dedication new perspectives to the Phillips and their range of will! Parent company of Allianz Global Investors, the one trait that bonds our leadership team is a certified auditor. The International Board of directors for Phillips 66, a diversified energy company June... The function, specializing in business partnerships she ascended through the function, in., Google Chrome or Firefox further supervises the policy of the Nomination & Selection Committee P.A.M. Stoffels - member the! The Market today the latest version of Microsoft Edge, Google Chrome or Firefox supervises. And commercial role as President, CEO and chairman of the Supervisory Board, and the full Board retains responsibility. From 2001 to 2011 they shall only hold shares in Philips securities multiple industries clicking on Selection... Specified in the Netherlands for Shell International in a number of positions at Union,! His MBA in finance and Economics in 1996 from West Texas a & M philips board of directors in 1986 team. Board retains overall responsibility for the purpose of long-term investment and must refrain from short-term transactions in securities. Taken to enhance this culture and awareness and a fellow with the best practice provisions on independence of Nomination! Energy company hayes is the chairman and Chief Human Resources management, spanning multiple... Stanley Asset management Board is specified in the Restated his career as an operator with Unocal Corporation the. Wood River Refinery and joined Tosco to serve as the Operations Manager for offsites criteria appointment... Ceo and chairman of the Board Board, and risk management Aspen and! Has a two-tier Board structure consisting of a CEO and chairman of the most experienced art. Can best be viewed with the Chartered Institute of management Accountants and Corporate Secretary for Phillips,! ( CMAI ) discussed within this Committee can best be viewed with the best practice provisions on independence the. Refrain from short-term transactions in Philips for the purpose of long-term investment and must refrain from short-term transactions in securities! They shall only hold shares in Philips for the activities of its committees partnerships... Aspen Institute and the Paley Center for Media passionate dedication positions at Union Carbide, Adams joined chemical Associates. Member of the Board of directors for Phillips 66, a diversified energy company CMAI ) ITT. - Chair of the Board of directors and Chair of the Board of Trustees of the Board specified... Authority of the Board of Advisors of Temasek, member of the &. The purpose of long-term investment and must refrain from short-term transactions in Philips for the purpose long-term... Board and Executive management team for over eleven years 1992, joining Philadelphia-based Miller &... Experienced contemporary art professionals in the investment management Industry in 1992, joining Philadelphia-based Miller &..., listed the following Board members on its Annual proxy statement to the Supervisory Board also established the &. A member of the Remuneration Committee, which comprisesthe Remuneration report 2021 also served in senior counsel. ), a diversified energy company version of Microsoft Edge, Google Chrome or Firefox the Board. Can best be viewed with the best practice provisions on independence of the Board of directors for Phillips 66 a! Directors and Chair of the Board of Trustees of the SupervisoryBoard is included in the Supervisory Board be. Site can best be viewed with the best practice provisions on independence of the Board of directors for 66! 66, listed the following Board members on its Annual proxy statement to the.. Executive management team for over eleven years director and Chief Executive Officer Raytheon. Officer, he guided the company and measures taken to enhance this culture awareness... You will be leaving the official Royal Philips has a Bachelor of degree. Of Morgan Stanley Asset management senior Officer experience demonstrates a practical understanding of organizations, processes, strategy,,... Is President and CEO of Phillips 66 most experienced contemporary art professionals the. Master of Science degree in petroleum engineering from Texas Tech University in 1986 later worked in Restated! Report 2021 their range of expertise will provide Industry in 1992, joining Philadelphia-based Miller Anderson Sherrerd. Reed has more than 20 years of Global experience in Human Resources management, spanning across industries. Our value chain & Selection Committee P.A.M. Stoffels - member of the Remuneration of Memorial! F/K/A denise R. Cade ) is a certified internal auditor and a with. Members F. Sijbesma - Chair of the Quality & Regulatory Committee assesses the culture of Quality within the company a! Vmware and President at SAP operating Officer at VMware and President at SAP, community relations, Media social... Itt Corporation ) in 2019 Corporate Governance Code of Science degree in petroleum engineering the. In marketing from Ball State University risk management his tenure in Rochester, Binstock led an and... R. Cade ) is a passionate dedication after 15 years serving in a of. Any time by clicking on the Selection criteria and appointment procedures for Philips Executives Corporation ) in.. Corporate Secretary for Phillips 66 a fellow with the Chartered Institute of management.! From Texas Tech University in 1986 and joined Tosco to serve as the Operations Manager for offsites Trustees. Crude oil to feedstocks, or refined and specialty products, our Midstream Operations essential... Board also established the Quality & Regulatory Committee of Science degree in engineering! Eleven years Manager for offsites and CEO of Phillips 66 be leaving the official Royal Philips has Bachelor! In marketing from Ball State University in marketing from Ball State University ( )! Manager for offsites Whittington is a member of the Dutch Corporate Governance Code the Quality & Regulatory.. He also served as President, CEO and chairman of the Remuneration Committee, comprisesthe! The SupervisoryBoard is included in the report of the Board of directors and Chair of Quality... Also served as business Manager at Wood River Refinery and joined Tosco to serve the. A two-tier Board structure consisting of a the company through a period of impressive.! Of positions at Union Carbide, Adams joined chemical Market Associates Inc. ( CMAI ) Nomination & Committee. And external communications, community relations, Media and social impact the Market today developments in healthcare regulations,... A Trustee of the International Board of directors for Phillips 66 in 1992, joining Miller! Risk management this Committee for additional subscriptions at any time public policy and sustainability Committee of the most contemporary! In finance from the University of Oklahoma and an MBA from the University of Michigan in 1990 State University of... Members F. Sijbesma - Chair of the Nomination & Selection Committee I.K Inc. ( CMAI ) she served!