Philips Electronics (NYSE:PHG) has hired Ada Ratnam as the president of its consumer lifestyle business.

Philips Electronics (NYSE:PHG) Hires Consumer Lifestyle Chief

Philips Electronics (NYSE:PHG) has announced the appointment of Ada Ratnamas the president of its consumer lifestyle business in India.

Rajeev Chopra, Philips India vice chairman & MD, said that, “We are pleased that Mr Ratnam has accepted the appointment to lead the consumer lifestyle business. I am confident that his extensive knowledge of the Philips organization and his proven track record will take the consumer lifestyle business to newer heights.”

Philips Electronics (NYSE:PHG) company shares are currently standing at 20.83.

Price History
Last Price: 20.83
52 Week Low / High: 16.26 / 33.55
50 Day Moving Average: 19.82
6 Month Price Change %: -5.8%
12 Month Price Change %: -33.0%