Dubai, UAE – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the appointment of Vincenzo Ventricelli as Chief Executive Officer for the company’s operations in the Middle East and Turkey, based in Dubai, effective September 1st.
Vincenzo Ventricelli joined Philips Italy in 1996 and has ever since held several positions in sales and marketing in different locations such as Italy, Central and Eastern Europe, and the Middle East. He moved to Vienna in 2004 to work in the Marketing Department and proceeded to take the position of Marketing Director for Central & Eastern Europe in 2006. In 2008, Ventricelli was appointed as Marketing Director, Philips Consumer Lifestyle Middle East, Turkey & Africa – based in Dubai. He took over the role of Senior Sales Director for Middle East and Turkey (MET) in 2011. He became Market Leader for Middle East and Turkey for Philips Personal Health in 2015. Over the last three years, Ventricelli led the Health Systems business in MET with significant achievements. During his time as the leader of Health Systems, he built a strong team and developed the Strategic Account Management (SAM) approach, as well as accelerated Health Systems transformation into a solutions business. Ventricelli holds a Bachelor’s degree in Business Administration from Bocconi University of Milan.