Eindhoven, the Netherlands – Signify (Euronext: LIGHT) today announced that Mr. Abhijit Bhattacharya will step down from Signify’s Supervisory Board at his own request on December 31, 2018. The Supervisory Board will propose a new candidate in due course.
Mr Abhijit Bhattacharya has expressed his wish to step down from Signify’s Supervisory Board in light of Royal Philips’s current shareholding in Signify and its intention to further sell down its stake over time.
“I would like to express my sincere gratitude to Mr. Bhattacharya, who has been an active and valuable member of Signify’s Supervisory Board since our IPO,” said Mr. Arthur van der Poel, Chairman of Signify’s Supervisory Board.