Signify announces it intends to adapt its organisational structure to enable a stronger customer focus and enhanced specialisation, to further increase execution speed. Signify intends to move to three divisions from the current four business groups. The three divisions are as follows:
Division Digital Solutions (formerly BG Professional) offers LED products, systems and services for the Internet of Things to customers in the professional segment. This division will continue to be led by Harsh Chitale.
Division Digital Products (combines BG LED and BG Home). This division offers LED electronics, LED lamps, LED luminaires and connected products, including Hue and Wiz, to consumers, professional customers and OEM partners. This division will be led by Rowena Lee.
Division Conventional Products continues to focus on conventional lamps and electronics for consumers and customers in the professional segment. It is organized separately to bring a clear distinction between conventional and digital offerings. This division will be led by Maria Letizia Mariani.
The changes are expected to take effect in the second quarter of 2020 and are subject to Works Council proceedings, depending on local legislation.
