Philips CEO Gerard Kleisterlee Joining Vodafone As Chairman

The CEO of Philips Gerard Kleisterlee is joining Vodafone as the chairman. Sir John Bond will be filling in for Gerard and is retiring from Philips on March 31. Kleisterlee will be appointed as the non-executive director of Vodafone on April 1. Sir John Bond was the chairman for 5 years. This announcement is the “culmination of a succession planning process which the board initiated in February 2010.” Kleisterlee joined Philips in 1974. He became President and CEO in April 2001. [IntoMobile]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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