Philips Appoints Carole Wainaina as Chief Human Resources Officer

June 23, 2011

Amsterdam, the Netherlands – Royal Philips Electronics (NYSE:PHG, AEX: PHI) today announced the appointment of Carole Wainaina as Chief Human Resources Officer, effective September 1, 2011. Ms. Wainaina will succeed Hayko Kroese and will report directly to Philips Chief Executive Officer Frans van Houten.


“I am confident Carole will pro-actively help shape the right environment for Philips to accelerate our profitable growth, while ensuring we further enhance our attractiveness as a company to work for,” said Philips Chief Executive Officer Frans van Houten. “She brings a long career in different continents and strong qualities in change management and leadership development to Philips. At the same time I would like to express my appreciation to Hayko for his past contributions to Philips, and thank him for his commitment and warm heart for the human side of our business. He has been a valued HR partner to the Board of Management and I wish Hayko the very best for his future.


"I am very excited to join Philips, a truly global company with activities in more than 100 markets," said Ms. Wainaina. "I look forward to leveraging my global experience to help move Philips forward."


Carole Wainaina (Kenyan, 1966) joins Philips from The Coca-Cola Company, where she is currently based in London and responsible for Human Resources in Europe. Having started her career at Price Waterhouse in Kenya in 1989 as a consultant, Carole joined the Coca-Cola Company in 1998 and has worked for that company in Africa, Eurasia, Europe and the United States. She was Chief of Staff and Executive Assistant to Coca-Cola’s former Chairman and CEO in Atlanta between June 2007 and December 2008.


Hayko Kroese, following a longer HR career with our company, has been the Group Chief HR Officer since 2007. After his departure per 1st of September he will take some months off after which he will be considering future career options.

Further information

For further information, please contact:

Joost Akkermans

Corporate Communications

Tel: +31 20 5977 406



About Royal Philips Electronics

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs about 117,000 employees with sales and services in more than 100 countries worldwide. With sales of EUR 22.3 billion in 2010, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at

Forward-looking statements

This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of Philips and certain of the plans and objectives of Philips with respect to these items. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.