Royal Philips proposes new CFO

AMSTERDAM – Royal Philips has proposed appointing Charlotte Hanneman as a member of the board of management, fulfilling the role of CFO effective Oct. 1, 2024. The proposal will be submitted to the Annual General Meeting of Shareholders (AGM) scheduled for May 7, 2024. Hanneman will join Philips as a member of the company’s executive committee on June 1, 2024, to start her induction and transition into the role, succeeding current CFO Abhijit Bhattacharya. Bhattacharya has been CFO and a member of Philips’ board of management and executive committee since 2015 and will retire from the company after a successful 37-year career on Sept. 30, 2024. “I would like to thank Abhijit for his significant contribution to the transformation of Philips into a health technology company,” said Roy Jakobs, CEO. “His dedication and leadership have made a major impact throughout his long 37-year career in the company. In the future, I will miss him for his character and the insight he brought to the boardroom, however, he will remain our CFO until the end of September, ensuring a smooth transition.” Hanneman will join Philips with more than 20 years of experience in the medtech and pharmaceutical industries, most recently as controller and head of financial planning & analysis at global medical technology company Stryker. In this current role, she will be responsible for financial control, enterprise financial planning and analysis, and business development finance. She will also be responsible for indirect procurement and for the finance teams across Europe, Middle East and Africa, Canada and Latin America.