LIGHT Signify NV

Signify shareholders appoint Francisco Javier van Engelen Sousa to Board of Management

Signify shareholders appoint Francisco Javier van Engelen Sousa to Board of Management

Press Release

October 27, 2020

Signify shareholders appoint Francisco Javier van Engelen Sousa to Board of Management

Eindhoven, the Netherlands – (Euronext: LIGHT), the world leader in lighting, today announced that the Extraordinary General Meeting of Shareholders (EGM) appointed Francisco Javier van Engelen Sousa as a member of the Board of Management, effective October 27, 2020. The appointment was the only agenda item at the EGM.

Javier van Engelen will fulfill the role of CFO of Signify and succeed René van Schooten, who held the position on an interim basis.

René van Schooten has expressed his wish to relinquish his position on the Board of Management as of January 1, 2021 and will stay on as advisor to the board till the end of May 2021.

--- END ---

For further information, please contact:

Signify Investor Relations

Rogier Dierckx

Tel:

E-mail:

Signify Corporate Communications

Elco van Groningen

Tel:

E-mail:

About Signify

(Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our products, connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2019 sales of EUR 6.2 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We carbon neutrality in 2020 and have been named in the Dow Jones Sustainability Index for three years in a row. News from Signify is located at the , , and . Information for investors can be found on the page.

Attachment

EN
27/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Signify NV

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Akzo Nobel: FX drives 2Q25 miss and FY guidance cut. dsm-firmenich: Givaudan 1H25 results. Exor: In talks over Iveco sale. Lotus Bakeries: Peer Lindt & Sprüngli 1H25 results. Proximus: CpaaS peer Sinch 2Q25 results hurt by FX. Signify: 2Q25 Preview, challenges ahead. Var Energi: Promising continuation of dividend. Vopak: Continued story. Wereldhave: Strong operational results, positive market tone, guidance raised. Events Calendar

 PRESS RELEASE

Signify share repurchase period update

Signify share repurchase period update Press Release July 21, 2025 Signify share repurchase period update Eindhoven, the Netherlands – (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 108,934 shares in the period July 14 to July 18, 2025. The shares were repurchased at an average price of EUR 22.56 per share and an aggregate amount of EUR 2.5 million. Signify will use these repurchased shares to reduce the company’s capital. The repurchases were made as part of the company’s share repurchase program, which was announced on . The total nu...

 PRESS RELEASE

Signify shareholders appoint As Tempelman to Board of Management

Signify shareholders appoint As Tempelman to Board of Management Press ReleaseJuly 18, 2025Signify shareholders appoint As Tempelman to Board of ManagementEindhoven, The Netherlands – (Euronext: LIGHT), the world leader in lighting, today announced that the Extraordinary General Meeting of Shareholders (EGM) has appointed As Tempelman to the Board of Management, effective September 1, 2025. The appointment was the only agenda item at the EGM. As Tempelman will fulfil the role of CEO of Signify, and succeed Željko Kosanović, who holds the position on an interim basis until September 1. Želj...

 PRESS RELEASE

Signify share repurchase period update

Signify share repurchase period update Press ReleaseJuly 14, 2025Signify share repurchase period update Eindhoven, the Netherlands – (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 186,530 shares in the period July 07 to July 11, 2025. The shares were repurchased at an average price of EUR 22.42 per share and an aggregate amount of EUR 4.2 million. Signify will use these repurchased shares to reduce the company’s capital.The repurchases were made as part of the company’s share repurchase program, which was announced on . The total number of shares r...

Wim Gille
  • Wim Gille

Signify : We believe the company should prioritize growth over share b...

The lighting industry is not growing and Signify has been underperforming its peers in recent years. As market leader and taking Signify’s innovative DNA into account the lack of growth is unacceptable. We want the company to prioritize long term growth over short term shareholder returns and change its capital allocation policy accordingly. We therefore downgrade our rating from Outperform to Neutral and our target price from € 42 to € 26.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch