Signify, formerly Philips Lighting, is a global leader in lighting solutions that has faced major technological and regulatory disruptions in the lighting industry.
Operating across 74 countries with over 31,900 employees, the company succeeded in championing the LED transition since 2010 while adapting to evolving sustainability regulations and environmental standards.
In 2024, the company generated ¤6.1 billion in revenue with a 10% operating profit margin. As of September 1, 2025, a new CEO has taken over from the previous leader, who headed the company from 2016 to 2025.

The new executive now faces the strategic challenge of maintaining this resilience while navigating an increasingly complex geopolitical and competitive landscape and identifying new growth opportunities in a rapidly transforming industry.