Philips to appoint an Israeli Board Member

Philips would like to include the Israeli-American Orit Gadiesh in their Board of Directors, the company announced yesterday.

Gadiesh’s nomination will be proposed at the stock holders meeting of 1 May 2014. Should her nomination be accepted, the board will then consist of nine members with five nationalities.

Gadiesh (1951) is presently the chairwoman of the management consulting firm Bain & Company. The Philips president-Commissioner, Jeroen van der Veer, praised Gadiesh’s knowledge of marketing and technological developments, namely in North America.

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