The separate reports of these committees are part of the Supervisory Board report, as included in the companys Annual Report. 2023 TripAdvisor LLC All rights reserved. At Christies, Mr. Brooks was responsible for all corporate functions including finance, technology, legal, marketing, human resources, client strategy and global operations, successfully transforming and modernizing their capability during his tenure. Member of the Council of Presidential Advisors of Singapore, Deputy Chairman of the Public Service Commission of Singapore. Our Leadership. President and CEO, FedEx Office . Deputy Chairman of the Governing Board of London Business School, member of the Board of Trustees and Executive Committee of the California Institute of Technology, President of the Ophthalmology Foundation and President of the Advisory Board of the Foundation of the American Academy of Ophthalmology. Among other honors, Perkins received the 2019 Impact Award from the National Black MBA Association and is a Greater Houston Womens Chamber of Commerce Hall of Fame Inductee for 2019. Total Compensation. Currently CEO and Chairman of the Board of Directors of Galapagos NV. Denise Ramos is a member of the board of directors for Phillips 66. After serving as the Vice President of Corporate Planning and Strategic Transactions for CPChem, Roberts transitioned to LyondellBasell where he held various executive leadership positions. Read . Currently member of the Board of Directors and Chair of the Audit Committee of Amazon, Inc. This section introduces corporate board members and the committees on which they serve, and provides documents that summarize the standards that guide our actions and oversight of the company. The membership of each committee is described below. The Raytheon Technologies' Board of Directors have the skills and expertise essential for effective oversight in light of the company's business requirements and strategy. Roberts currently serves on the board of directors for CPChem and previously served on the board for Phillips 66 Partners LP. #2 View more. From 2010 to 2013 Ms. Southern was chief commercial officer and from 2000 to 2010 she was chief financial officer of Virgin Atlantic. Former Executive Chairman and Chief Executive Officer, ManpowerGroup Inc. Chairman and Chief Executive Officer, ConocoPhillips, Retired U.S. Navy Four-Star Admiral (SEAL), Chairman and Chief Executive Officer, Lime Rock Resources. Mr. Dolmans 27-year career at Christies included earlier roles as Managing Director of Christies Europe, Managing Director of Christies Americas, and Managing Director of Christies Amsterdam. Normal Topic Hot Topic (More than 15 replies) Very Hot Topic (More than 25 replies) Locked Topic Sticky Topic Kevin J. Mitchell is Executive Vice President and Chief Financial Officer for Phillips 66, a diversified energy company. Administration. Rules of Procedure regarding Shareholder Requests. The Supervisory Board, acting in the interests of Philips and taking into account the relevant interest of Philips stakeholders, supervises and advises the Board of Management and the Executive Committee in fulfilling their duties and setting the direction of the Groups business, including (i) achievement of the companys objectives, (ii) corporate strategy and the risks inherent in the business activities, (iii) the structure and operation of the internal risk management and control systems, (iv) the financial reporting process, and (v) compliance with legislation and regulations. Golodryga previously served as Senior Vice President and Chief Digital and Administrative Officer for Phillips 66 from April 2017 through September 2022. The report of the Audit Committee is included in the Supervisory Board Report. All rights reserved. The size of the Supervisory Board may vary as considered appropriate to support its profile. In 1999, Harbison transferred to Toscos San Francisco Area Refinery as a project engineer. The other members of the Executive Committee have . The board of directors of Phillips 66 (NYSE: PSX) has appointed Denise R. Cade and Douglas T. Terreson to serve as independent directors, effective July 14, 2021. The report of the Quality & Regulatory Committee is included in the Supervisory Board Report. During this tenure, he was also the Managing Director of IBP, a subsidiary of IOCL and Board Member of Chennai Petroleum. Its independent character is also reflected in the requirement that members of the Supervisory Board can be neither a member of the Board of Management nor an employee of the company. Pay Rank By Title In Energy & Utilities industry. Koninklijke Philips N.V., 2004 - 2023. Julie L. Bushman is a member of the board of directors for Phillips 66. Singleton currently serves on the board of directors of Teledyne Technologies Incorporated. Discover the various elements that together define the type of company Philips is today. Philips has appropriate procedures in place for the receipt, retention and treatment of complaints received by Philips regarding accounting, internal accounting controls or auditing matters and the confidential, anonymous submission by employees of Philips of concerns regarding questionable accounting or auditing matters. Sutherland earned a bachelors degree from Drew University, as well as a law degree and MBA from American University. Bushman joined 3M in 1983. In line with this priority, and in accordance with the Dutch Corporate Governance Code, the Supervisory Board adopted the Diversity Policy to also promote diversity at the levels of the Board of Management, the Executive Committee and the Supervisory Board. Pyott - Member of the Remuneration Committee, F. Sijbesma - Member of the Remuneration Committee, H. Verhagen - Member of the Remuneration Committee, The Quality & Regulatory Committee assists the Supervisory Board in fulfilling its oversight responsibility with respect to the quality of the companys products, systems, services, and software and the development, testing, manufacturing, marketing and servicing thereof and regulatory requirements relating thereto. He had previously served as the Companys Chief Executive Officer, a position he held for 11 years, leading the business through an unprecedented era of growth driven by the shift to modernism and a rapidly expanding global client base. In the two-tier corporate structure under Dutch law, the Supervisory Board is a separate body that is independent of the Board of Management. She is also responsible for overseeing internal and external communications, community relations, media and social impact. He later worked in the Netherlands for Shell International in a long-range planning and commercial role. The remuneration of the individual members of the SupervisoryBoard is included in the report of the Remuneration Committee, which comprisesthe Remuneration Report 2021. During his tenure in Rochester, Binstock led an expansion and . Edward Dolman was appointed Executive Chairman in September 2021. The Audit Committee assists the Supervisory Board in fulfilling its oversight responsibilities for the integrity of Philips financial statements, the financial reporting process, the system of internal business controls and risk management, the internal and external audit process, the internal and external auditors qualifications, its independence and its performance as well as Philips process for monitoring compliance with laws and regulations and the General Business Principles. From January 2012 until May 2014, Mr. Philips invested in private technology companies. The report of the Corporate Governance and Nomination & Selection Committee is included in the Supervisory Board Report. All rights reserved. "I appreciate the confidence of the board and am both honored and humbled to move into this role to help guide our health system into the future," said Phillips. The Board of Management is entrusted with the management of the company. He is chair of the nominating and governance committee and serves on the human resources and compensation, public policy and sustainability, and executive committees. the Financial Code of Ethics and the Procurement Code of Ethics. Currently CEO of PostNL, member of the Supervisory Board of ING Groep N.V., member of the Supervisory Board of Het Concertgebouw N.V., member of the Advisory Board of Goldschmeding Foundation and member of the executive committee and general board of VNO/NCW (Confederation of Netherlands Industry and Employers). He serves on the audit and finance and public policy committees. Members of the Board of Management, the Executive Committee and the Supervisory Board are only allowed to trade in Philips securities (including the exercise of stock options) during windows of twenty business days following the publication of annual and quarterly results (provided the person involved has no 'inside information' regarding Philips at that time). Prior to joining PPG, Singleton was a partner at Shaw Pittman LLP, a law firm. He served as president, CEO and chairman of the board of CMAI from 1997 until its acquisition by IHS in 2011. For tours and attractions, the price displayed is usually the lowest available per person adult price. When you book with one of our partners, please be sure to check their site for a full disclosure of all applicable fees as required by the U.S. Department of Transportation. Lashier received a Bachelor of Science and a doctorate in chemical engineering from Iowa State University. Lisa A. Davis is a member of the board of directors for Phillips 66. Since these converted prices are estimates, please check with the booking site for the exact amount and currency. The report of the Remuneration Committee is included in the Supervisory Board Report. She also serves on the board of directors of Ocugen, Inc. and Oaktree Capital Management and is a former Board member of Macys, Inc. Whittington earned a Ph.D. and masters in Quantitative Methods from the University of Pittsburgh, and received her bachelors in Mathematics from the University of Delaware. She most recently served in a variety of senior roles at Zillow Group, the most-visited real estate website in . Tilton retired from his position as Chairman of the Midwest for JPMorgan Chase in 2014. This ensures that Aegon is managed as an integrated . Koninklijke Philips N.V., 2004 - 2023. Former CEO and member of the Managing Board of Koninklijke DSM NV. Member of the Supervisory Board since 2021; Chairwoman of the Audit Committee. A chemical engineer, he has over 30 years of experience in various executive leadership roles within the energy and petrochemical industries. February 16, 2021. Royal Philips has a two-tier board structure consisting of a Board of Management and a Supervisory Board, each of which is accountable to the General Meeting of Shareholders for the fulfillment of its respective duties. He also is a member of the Business Roundtable. Prior to Oracle, Mr. Phillips was a Managing Director at Morgan Stanley in the Technology Group and served on its Board of Directors. As a separate and independent body, the Supervisory Board supervises the policies of the executive management and the general course of affairs of Philips and advises the executive management. Before joining News Corporation, among other roles, Mr. Philips was co-founder and Vice-Chairman of ecorp, a publicly traded Internet holding company. Cheyenne also presided over the most successful contemporary art auction in Europe in July 2015, which achieved a record-breaking $203.6 million. Doherty - Chair of the Audit Committee S.K. You are about to visit a Philips global content page. The Rules of Procedure for the Board of Management and Executive Committee include provisions regarding meetings, resolutions, minutes, (vice) chairmanship, trading in securities and conflicts of interests. Philips is required to comply with, inter alia, Dutch corporate governance rules, the US Sarbanes-Oxley Act, and other US securities laws and related regulations (including applicable stock exchange rules), insofar as such US laws and regulations are applicable to the company. To Philips, it is a strategic priority to increase the diversity of its workforce to mirror its stakeholders and markets, which will positively impact the companys business performance in all countries it operates in. There are 21 Trustees, and the group consists of the principal, who is appointed by the Trustees and serves as a member for the duration of his tenure; 16 term trustees, who serve one or two five-year appointments; and the president and two vice presidents of the General Alumni Association (GAA), who are elected by that association's board of . Mandell has more than 30 years of experience in various Marketing, Commercial and Midstream roles. Bushman is the former executive vice president of International Operations at 3M. The function of all of the Boards committees is to prepare the decision-making of the full Supervisory Board, and the committees currently have no independent or assigned powers. All rights reserved. Erfert received a Bachelor of Science degree in chemical engineering from the University of Michigan in 1990. LAUSANNE, Switzerland--(BUSINESS WIRE)--Philip Morris International Inc. (PMI) (NYSE: PM) announced in the 2021 Proxy Statement filed today that its Board of Directors has nominated two new . Each Committee reports out to the Supervisory Board, and the full Board retains overall responsibility for the activities of its committees. He serves on the human resources and compensation, and public policy and sustainability committees. Koninklijke Philips N.V., 2004 - 2023. . TripAdvisor LLC is not responsible for content on external web sites. In 2020, the General Meeting of Shareholders also approved the current Long-Term Incentive Plan for members of the Board of Management. He serves on the board of directors of DCP Midstream, LP, Big Brothers Big Sisters of Greater Houston and Child Advocates. Committee on Directors' Affairs Charter. Whittington was chief executive officer of Allianz Global Investors Capital, a diversified global investment firm, from 2002 until her retirement in January 2012. She also previously served as senior vice president and chief financial officer of ITT. He is an adjunct professor at Columbia Business School and holds a B.A. The Board of Management is entrusted with the management of the company. Hayes is the Chairman and Chief Executive Officer of Raytheon Technologies Corporation (Raytheon), a position he has held since June 2021. Holley also serves on the boards of directors of Amgen, Inc. and Carrier Global Corporation. from the Faculty of Law, University of Toronto. Chua - Member of the Audit Committee P. Lscher - Member of the Audit Committee S. Poonen - Member of the Audit Committee. He is one of five industry executives on the U.S. Department of Transportation Technical Advisory Committee, appointed by Secretary of Transportation Elaine Chao in 2017. He also served as Business Manager at Wood River Refinery and joined Tosco to serve as the Operations Manager for offsites. Reed holds a Bachelor of Arts degree in economics from Arizona State University and completed advanced studies at Cambridge University in England and the Complutense University of Madrid. Terreson is a former Senior Advisor at Evercore, a position he held since 2021. Senior Vice President, Health, Safety and Environment (HSE) and Field Operations Support, Senior Vice President, Chief Transformation Officer, Executive Vice President, Marketing and Commercial, Executive Vice President, Chief Financial Officer, Senior Vice President, Chief Human Resources Officer, Executive Vice President, Midstream and Chemicals, Executive Vice President, Government Affairs, General Counsel and Corporate Secretary, Code of Ethics for the Principal Executive Officer and Senior Financial Officers, Human Resources & Compensation Committee Charter, Nominating & Governance Committee Charter, Public Policy and Sustainability Committee Charter, California Transparency in Supply Chains Disclosure (SB 657). Members of the Board of Management, the Executive Committee and the Supervisory Board are only allowed to trade in Philips securities (including the exercise of stock options) during windows of twenty business days following the publication of annual and quarterly results (provided the person involved has no 'inside information' regarding Philips at that time). Pursuant to article 24 paragraph 1 and article 25 paragraph 3 of the articles of association of Royal Philips, the Board of Management established procedural rules that apply to shareholders who wish to address requests to Royal Philips. During his tenure, overall sales at the company more than doubled and in 2021, he was appointed Executive Chairman of Phillips Group of Companies. He earned his MBA in finance from the University of Houston in 1997. Furthermore, the Supervisory Board shall meet the gender quota, in accordance with Dutch law, requiring that at least one-third of the supervisory board members are women and at least one-third are men. The Supervisory Board also established the Quality & Regulatory Committee. He serves on the board of directors for Amgen, the Barbara Bush Houston Literacy Foundation, the Greater Houston Partnership, Junior Achievement of Southeast Texas and the National Petroleum Council. It further supervises the policy of the Board of Management on the selection criteria and appointment procedures for Philips Executives. Sarah Radanovich Philips was born and raised in Mariposa and is a part of a long lineage of a Mariposa County family. Gary K. Adams is a member of the board of directors for Phillips 66. . He has more than 30 years of experience in finance roles within the oil and gas industry. He serves on the human resources and compensation and public policy and sustainability committees. Please refer to the Remuneration Policy for more information on its objectives and principles. 1) member of the Audit Committee 2) member of the Remuneration Committee 3) member of the Corporate Governance and Nomination & Selection Committee 4) member of the Quality & Regulatory Committee, 1) member of the Audit Committee 2) member of the Remuneration Committee 3) member of the Corporate Governance and Nomination & Selection Committee, 4) member of the Quality & Regulatory Committee. He holds 13 U.S. patents. She held several leadership roles within KPMG during her 21-year tenure, including Managing Partner for its Houston Major Market. Dr. Marna C. Whittington is a member of the board of directors for Phillips 66. Any links to third-party websites that may appear on this site are provided only for your convenience and in no way represent any affiliation or endorsement of the information provided on those linked websites. She is also a board of trustee of The Awty International School. He continued his studies in the connoisseurship, appreciation and history of the decorative arts at the Study Centre for Fine and Decorative Arts in London. Furthermore the Supervisory Board, through the Remuneration Committee, implements this policy and determines on the basis of this policy the remuneration of the individual members of the Board of Management and other members of the Executive Committee. The Rules of Procedure for the Supervisory Board include provisions regarding meetings, resolutions, committees, profile of the Supervisory Board, trading in securities and conflicts of interests. Pyott - Chair of the Quality & Regulatory Committee A.M. Harrison - Member of the Quality & Regulatory Committee P. Lscher - Member of the Quality & Regulatory Committee. He is also one of the founding CEOs of the American Cancer Societys CEOs Against Cancer initiative in the U.S. Gulf Coast region and a member of the Board of Visitors for MD Anderson. Currently, member of the Supervisory Board and Chairwoman of the audit committee of Novartis AG and of Corbion N.V. Executive Chairman. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein. Get in touch with the Dr Phillips Center team including development, finance, human resources, community relations, programming and education and marketing. He currently serves on the Advisory Council for the McCombs School of Business at the University of Texas at Austin and the University of Texas Presidents Development Board. Board of Directors. Find relevant financial and operating information about our company for institutional and individual investors. Chairman: Jody Freeman Members: C. Maury Devine William H. McRaven Eric . He later earned a Master of Science degree in Finance and Economics in 1996 from West Texas A&M University. Members of the Board of Management and the President/CEO are appointed for a maximum term of four years, it being understood that this maximum term expires at the end of the following shareholders meeting to be held in the fourth year after the year of their appointment or, if applicable, on a later pension or contractual termination date in that year, unless the General Meeting of Shareholders resolves otherwise. The Executive Committee operates under the chairmanship of the Chief Executive Officer and supports the Board of Management in the deployment of Philips' strategy and policies, and the achievement of its objectives and results. A 1972 municipal rezoning brought the facility back into Eindhoven, which .