Signify Welcomes New Leadership with Board Restructuring
Signify Board of Management Transition
Leadership transitions are pivotal moments for any organization. In an exciting development for the company, Signify has announced a significant change in its Board of Management. This change marks the departure of Harsh Chitale, a respected figure and the CEO of Signify's Professional Business, who will be leaving the organization at the end of December 2025.
Thanking Harsh Chitale for His Contributions
Harsh Chitale has been an essential part of Signify’s leadership team. His tenure saw the advancement of Signify’s reputation as a leader in energy-efficient and intelligent lighting solutions. Gerard van de Aast, Chair of the Supervisory Board, expressed gratitude for Harsh’s ten years of dedication and leadership within the company, emphasizing his instrumental role in pushing the boundaries of lighting technology.
Harsh’s Impact on the Organization
Reflecting on his journey, Harsh Chitale shared his pride in contributing to the evolution of Signify and the broader lighting industry. It is clear that his vision helped the company not only to innovate but also to set benchmarks in sustainability and connectivity. Harsh is moving on to explore new opportunities, and Signify wishes him success on his future endeavors.
New Direction for Signify
As Harsh prepares to transition out, the Board of Management will continue under the leadership of As Tempelman as the new Chief Executive Officer and Zeljko Kosanovic as Chief Financial Officer starting January 1, 2026. This new leadership structure aims to drive advancements in technology and innovation, aligning with Signify’s commitment to enhancing the quality of life through the power of light.
The Future of Signify
Signify is the global leader in lighting, striving to provide exceptional value through its systems and services aimed at professionals and consumers alike. The company continues to be at the forefront of transforming light in homes and public spaces. Their portfolio ranges from advanced lighting solutions to innovative smart home products.
Signify's Vision and Market Position
Signify is not just a lighting company; it represents a brighter future through smart and sustainable lighting systems. In the past year, the company showcased impressive revenues, bolstered by an expansive global presence and a commitment to innovation within the industry. With a workforce of around 29,000 employees and operations in over 70 countries, Signify continues to make strides in both sustainability and technological advancement.
Commitment to Sustainability
The company is included in the Dow Jones Sustainability World Index and boasts an EcoVadis Platinum rating, marking it in the top one percent of assessed companies. This recognition is a testament to Signify's enduring focus on sustainable practices, which are deeply embedded in the company’s operational ethos.
Contact Information
For additional information regarding these recent changes and more about Signify’s plans moving forward, individuals are encouraged to reach out to the Global Investor Relations. Investors and interested parties can connect via email for direct inquiries, fostering transparency and engagement from the company.
Frequently Asked Questions
What prompted the change in the Board of Management at Signify?
The change was initiated by Harsh Chitale's decision to pursue new opportunities outside of the company, which led to a restructuring of leadership roles.
Who will lead Signify after Harsh Chitale’s departure?
As Tempelman will assume the role of Chief Executive Officer, while Zeljko Kosanovic will be the Chief Financial Officer starting January 1, 2026.
What are Signify's key areas of focus?
Signify focuses on energy-efficient, intelligent lighting solutions while maintaining a commitment to sustainability and innovation across its product offerings.
How has Signify performed in terms of growth?
Signify has reported impressive revenues, with a strong global presence in over 70 countries, showcasing sustainable growth in the lighting industry.
Where can I find more information about Signify?
For more news and updates, interested parties can check Signify's official website and their dedicated newsroom for the latest developments and announcements.
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