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. Phillips had a remarkable year in 2020, with the December New York 20th century and contemporary art evening sale marking the highest total for a New York evening sale in company history, led by David Hockneys Nichols Canyon which sold for US$41 million. Lowe held a series of executive positions with ConocoPhillips, including executive vice president, Exploration & Production, executive vice president, Commercial, and executive vice president, Strategy, Planning and Corporate Affairs. Beginning his career with Shell Oil in 1990, Erfert held various roles in engineering as well as planning and economics. Born 1957, British/Irish. Singleton is the Executive Vice President, General Counsel and Secretary of WestRock Company. There, Mandell served in the Commercial NGL group and was named Manager of NGL Trading after working as Manager of Processing Assets and Business Development. He started his chemical industry career with Union Carbide. Before joining News Corporation, among other roles, Mr. Philips was co-founder and Vice-Chairman of ecorp, a publicly traded Internet holding company. The Remuneration Committee reports annually to the Supervisory Board on the implementation of this remuneration policy. February 16, 2021. You are about to visit the Philips USA website. This two-tiered structure of board governance became popular . Our purpose to improve peoples health and well-being through meaningful innovation is at the heart of everything we do. The separate reports of these committees are part of the Supervisory Board report, as included in the companys Annual Report. Whittington was chief executive officer of Allianz Global Investors Capital, a diversified global investment firm, from 2002 until her retirement in January 2012. Passion makes it happen. Jeffrey Berkowitz, Juris Doctor and BA in Political Science, was born on 9 January 1966 and is a US citizen. 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. 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. Total Compensation. William Kozy is Chair of the Board of Directors of LivaNova. $8,448,702 View details. During a career spanning over 35 years at PMImost recently as Chief Executive Officer (CEO)Mr. She is the chair of the public policy and sustainability committee and serves on the audit and finance, nominating and governance, and executive committees. Member of the International Board of Advisors of Temasek, member of the Board of Trustees of the Memorial Sloan Kettering Hospital. Before joining Phillips 66 in April 2017, Dietert served as Managing Director, Research, at Simmons & Company International, a firm that provides investment banking services for the energy industry. He also is a member of the Business Roundtable. The company is governed by Dutch corporate and securities laws, its Articles of Association, and the Rules of Procedure of the Board of Management and . Philips serves on the board of directors of Affirm Holdings, Inc. and several private Internet companies. Conde serves on the board of directors of Walmart (NYSE: WMT) and PepsiCo (NASDAQ: PEP). She is fluent in Spanish. The Executive Committee operates under the chairmanship of the Chief Executive Officer andsupports the Board of Management in the deployment of Philips' strategy and policies, and the achievement of its objectives and results. Member of the Supervisory Board since: 2014 (previously 2010-2012), elected until 2026. Prior to joining SunCoke Energy, Singleton held several positions at PPG Industries, Inc., including Assistant General Counsel and Corporate Secretary, Chief Securities and Finance Counsel, Chief M&A Counsel, and General Counsel of the Glass and Fiberglass Division. Prior to joining PPG, Singleton was a partner at Shaw Pittman LLP, a law firm. The company is governed by Dutch corporate and securities laws, its Articles of Association, and the Rules of Procedure of the Board of Management and the Executive Committee and of the Supervisory Board respectively. Relevant regulatory developments, such as developments in healthcare regulations globally, are also discussed within this Committee. 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. 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. Zhanna Golodryga is Executive Vice President of Emerging Energy and Sustainability for Phillips 66, a diversified energy company. The composition of the Supervisory Board shall be in accordance with the best practice provisions on independence of the Dutch Corporate Governance Code. He spent the majority of his early career with Diamond Shamrock and Valero in various engineering positions related to pipeline and terminal projects. More particular it aims for having members with different nationalities and (cultural) backgrounds, working experiences or otherwise diverse qualities, as well as one or more members with an executive or similar position in business or society no longer than 5 years ago. This includes the recruitment of numerous globally-respected senior experts, the growth of a worldwide network of regional offices and representatives in the Americas, Europe and Asia and the opening of the new headquarters in Londons Berkeley Square. from the Faculty of Law, University of Toronto. Sarah is also raising her family in Mariposa and is currently Center Manager for Mother Lode Job Training Agency and serving as Secretary on the Board of Directors for Mariposa County Chamber of Commerce. Board of Directors . For tours and attractions, the price displayed is usually the lowest available per person adult price. Sarah has a passion for . Mark Lashier is President and CEO of Phillips 66, a diversified energy company. New Supervisory Board members are appointed at the AGM following nomination by the existing Supervisory Board. Dr. Marna C. Whittington is a member of the board of directors for Phillips 66. Bushman joined 3M in 1983. Mr. Phillips currently serves on the board of directors of a number of privately held companies and gained experience serving on the board of directors of Redknee Solutions Inc., now known as Optiva (TSX). Theresa L. Trivette, DNP, RN, CENP, joined Valley Health as its Chief Nursing Executive (CNE) in October 2021. Todd Denton is Senior Vice President of Health, Safety and Environment (HSE) and Field Operations Support for Phillips 66, a diversified energy company. Foundation Leadership. She has nearly 30 years of professional experience across multiple industries, including energy and chemicals, industrial manufacturing and health care. In the two-tier corporate structure under Dutch law, the Supervisory Board is a separate body that is independent of the Board of Management. Corporate governance . He previously was senior vice president, Exploration and Production, Americas, for ConocoPhillips. (. The report of the Corporate Governance and Nomination & Selection Committee is included in the Supervisory Board Report. and LL.B. About Us Vision & Values Milestones Board of Directors Senior Leadership Team Corporate Governance Plants Research & Development Awards Recognition for Employees Halal Registration Certificate Quality Certificates WASH Certificates NABL Certificates. In 1998, he transferred to the Commercial organization as a Market Analyst and subsequently worked in a variety of trading roles, including derivatives and clean products trading. In its report (as included in the companys Annual Report), the Supervisory Board describes its activities in the financial year (and those of its committees), the number of meetings and the main items discussed. She is chair of the human resources and compensation committee and serves on the nominating and governance, public policy and sustainability, and executive committees. Supervisory Board Member at Philips Yale University - Yale School of Management She is also a board of trustee of The Awty International School. She also previously served as senior vice president and chief financial officer of ITT. Roberts has more than 30 years of experience in strategy, operations, commercial, and joint ventures in the oil and gas and chemicals industries. He serves on the board of directors of DCP Midstream, LP, and the Liquid Energy Pipeline Association (LEPA). We are partnering with stakeholders to drive environmental, social and governance priorities. Roberts subsequently moved to Qatar Chemical Company, a joint venture between Chevron Phillips Chemical Company LLC and Qatar Petroleum, as the Country Manager based out of Qatar. Each member of the Supervisory Board shall be capable of assessing the broad outline of the overall policy of the Company. She previously served as Senior Vice President, General Counsel and Corporate Secretary of IDEX Corporation from 2015 to 2022. Taxes, fees not included for deals content. He previously served as Chairman of the API Refining Subcommittee, Chairman of the AFPM Process Safety Advisory Group and on the board of the Western States Petroleum Association. Started by Mark Kateli. Board Chair Emeritus. Calantzopoulos began the company's smoke-free transformation, accelerating the development and commercialization of better, science-based alternatives for those adults who would . "It's an honor to be joining the Board of Directors at Nerdy as they continue to transform online learning," said Kathleen Philips. Erfert is on the Management Committee for WRB Refining LP. He has also served as a board member of a number of organizations including the International Advisory Board of Qatar Museums, the Governing Board of the Courtauld Institute, the Seoul International Business Advisory Council, and Sailors for the Sea, an environmental charity. The Supervisory Board has assigned certain of its tasks to the three long-standing committees, also referred to in the Dutch Corporate Governance Code: the Corporate Governance and Nomination & Selection Committee, the Remuneration Committee and the Audit Committee. Our partners (airlines, travel providers, and booking agents) who list airfare, tours, and travel packages on Tripadvisor are required to include all fees and surcharges in their listed prices. Pyott - Member of the Remuneration Committee F. Sijbesma - Member of the Remuneration Committee H. Verhagen - Member of the Remuneration Committee. 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. Certain major decisions and actions . Mitchell leads the companys treasury, accounting, auditing, tax, corporate strategy and business development functions. Terreson is a former Senior Advisor at Evercore, a position he held since 2021. Currently member of the Board of Directors of Telefnica S.A. and Chairman of the Supervisory Board of Telefnica Deutschland Holding AG, Non-Executive Director of Thyssen-Bornemisza Group AG and Doha Venture Capital LLC and Senior Advisor at Bain Capital Private Equity. The report of the Audit Committee is included in the Supervisory Board Report. Member of the Supervisory Board since 2019; Member of the Supervisory Board since 2018; Member of the Supervisory Board since 2020; Member of the Supervisory Board since 2022; Chairman of the Quality & Regulatory Committee. The Phillips 66 governance body ensures the company serves the interests of shareowners and other key stakeholders with the highest standards of responsibility, integrity and compliance with all laws. 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. Mr. Philips is a member of the board of directors of Our Lady of the Lake Regional Medical Center . 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. Furthermore, the Quality & Regulatory Committee assesses the culture of quality within the company and measures taken to enhance this culture and awareness. The report of the Audit Committee is included in the Supervisory Board Report. By clicking on the link, you will be leaving the official Royal Philips Healthcare ("Philips") website. Kaushik Roy. Committee on Directors' Affairs Charter. Asad Haque joined the Alliance as an alternate Board Director in 2016, representing Comcast. VC Agrawal is a Fellow Member of AIMA and a certified CEO Coach. 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. "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. Roberts has a Bachelor of Science in marketing from Ball State University. In 2005, Mr. de Wilde became Managing Director of PMI's affiliate in Italy, and from January 2008 until the end of June 2011, he held the position of President, Philip Morris Japan KK. 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. It further supervises the policy of the Board of Management on the selection criteria and appointment procedures for Philips Executives. Before joining Phillips 66, she served as Chief Information Officer and Senior Vice President, Services, with responsibilities for Global Supply Chain, Facilities and Office Services for Hess Corporation, a role she held since 2012. Currently CEO and President of Cohesity and member of the Board of Directors of Snyk. . Board Skills and Experience Diversity. 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