By Adria Calatayud

Koninklijke Philips NV (PHIA.AE) said Tuesday that it will propose the appointment of Feike Sijbesma as new member and vice chairman of its supervisory board.

The Dutch technology company said that subject to his appointment, Mr. Sijbesma will become vice chairman alongside current Vice-Chairwoman Christine Poon, whose third term will expire in 2021.

The company also proposed the appointment of Peter Loscher as member of its supervisory board.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

December 17, 2019 02:40 ET (07:40 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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