Signify announced the appointment of Francisco Javier van Engelen Sousa as Chief Financial Officer (CFO), succeeding René van Schooten, who currently holds the position on an interim basis. The appointment will become effective on June 15, 2020.

Javier most recently held the position of CFO for Grupo Telepizza, a food operator, ultimately leading the process to take the company private in 2019.

Signify will propose the appointment of Javier van Engelen to the Board of Management at an Extraordinary General Meeting of Shareholders (EGM), to be held later this year.