Prior to taking over this position, Mr. Hakim spent over 6 years with Philips in the Middle East and Africa Region, holding various management positions. The knowledge and experience he brings to this new position will help bring forward Philips in the world of electronics, healthcare, lifestyle and technology.
Mr. Hakim stated, "This is an exciting opportunity for me personally. With the ongoing business developments in Dubai and the Middle East region, I feel honored to be involved in leading the company in today's competitive market economy. I look forward to making a valuable contribution to the future of Philips, and to add greater value to the community."
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Philips announces new CEO for the Middle East region
- United Arab Emirates: Thursday, March 03 - 2005 at 14:19
- PRESS RELEASE
Philips Electronics Middle East and Africa announced today the appointment of Mr. Louis Hakim as the new CEO for the Middle East region effective March 1, 2005 taking over from Mr. Robert van de Riet who will relocate and head the Regional Management of Philips' domestic appliances and personal care division in Latin America.
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About Royal Philips ElectronicsRoyal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 30.3 billion in 2004. With activities in the three interlocking domains of and 161,500 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions.
For more information please contact:
Reem Saleh
PR Executive
Philips Electronics Middle East & Africa
Tel: +971 4 3353 666 Fax: +971 4 3353 999
Christine H. Andersen, Assistant News EditorThursday, March 03 - 2005 at 14:19 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Mon Mar 07 2005.
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