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5Our sector performance
5.1 Our structure
Koninklijke Philips Electronics N.V. (the ‘Company’) is the
parent company of the Philips Group (‘Philips’ or the
‘Group’). Its shares are listed on the stock markets of
Euronext Amsterdam and the New York Stock Exchange.
The management of the Company is entrusted to the
Board of Management under the supervision of the
Supervisory Board.
Philips’ activities in the field of health and well-being are
organized on a sector basis, with each operating sector –
Healthcare, Consumer Lifestyle and Lighting – being
responsible for the management of its businesses
worldwide.
The Group Management & Services sector provides the
operating sectors with support through shared service
centers. Furthermore, country management organization
supports the creation of value, connecting Philips with key
stakeholders, especially our employees, customers,
government and society. The sector also includes global
service units and pensions.
The Board of Management and a number of heads of
Corporate Staff departments and senior sector executives
together form the Group Management Committee.
Organizational chart
Board of Management
Group
Management
& Services
LightingConsumer
Lifestyle
Healthcare
In 2009, the activities related to Innovation & Emerging
Businesses were reported under Group Management &
Services. Through these businesses, Philips aims to invest
5 Our sector performance 5 - 5.1
82 Philips Annual Report 2009