Maury Wright Interviews Eric Rondolat and Amy Huntington of Philips Lighting
Eric Rondolat (ER): We announced, in September last year, the separation process. And we are on track. It will take place at the end of this year. The main reason is increased focus for both businesses – on the healthcare segment as well as the lighting business.
I think our strategy is very clear. We decided to divest the components part of the business, because we believed it’s a business that is more global where there is the need of scale. So the upstream part of the business has been divested. [Lumileds] will be a winner in that space, continuing to have a relationship with Philips Lighting.
Then we said we believe in products, systems, and services as part of our portfolio, being at this point in time the leader in the [lighting] industry… Good products make good systems. And when you have implemented the systems, then you have unlimited [opportunity] to offer services.
MAURY WRIGHT interviews ERIC RONDOLAT, CEO of Philips Lighting, and AMY HUNTINGTON, president of Philips Lighting Americas on the company’s business strategy and technology direction. Read the complete interview here.