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Philips appoints Maarten de Vries as Chief Information Officer


WEBWIRE

Amsterdam, The Netherlands – Royal Philips Electronics (NYSE:PHG, AEX:PHI) today announced the appointment of Maarten de Vries as Chief Information Officer (CIO) of the company with effect from September 1, 2007. Mr. de Vries was Chief Financial Officer of Philips Consumer Electronics, where he has been instrumental in developing the successful business model of the division.



In his new role, Mr. de Vries has also been appointed to the Group Management Committee of Philips as of the same date.



Mr. de Vries succeeds Mr. Daniel Hartert who has been appointed Chief Executive Officer of the Imaging Systems business within Philips Medical Systems, which will be renamed Philips Healthcare as per January 1, 2008. During his tenure as CIO from 2002 to 2007, Mr. Hartert transformed the IT function to a business-oriented, much more simplified and cost effective organization.



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