Ian Hendy was formerly Senior Director of Strategy for Displays for Philips Components, a division of Royal Philips Electronics. He was responsible for advising the divisional management team and corporate management team on display strategies across $9bn of display revenue. Mr Hendy’s display and high technology experience includes: Being a member of the core team that established LG.Philips LCD, one of the leaders in the LCD industry. Mr Hendy was responsible for leading the valuation work and much of the thinking on deal structure and governance framework; Reporting to the chairman of the board of LG.Philips LCD and reviewing $5bn of capex plans; Facilitating the decision to stop PDP within Philips; Developing the industrial and partnering strategy for Philips’s OLED business in the Components Division; Being chosen by Philips and LGE to lead the investigation of a peer to peer merger in the large panel LCD industry managing a team of over 30 contributors; Heading the marketing function for the large display (flat panel monitor and TV) LCD business within Philips implementing a segment-based product marketing approach and helping to grow the business from revenues of $250m to $600m within 2 years; Facilitating the change process for a Philips division with interests in the following areas: optical storage, wireless connectivity, input devices and thin clients and Automotive and PDA subsystems; Selling, leading and delivering on many other display and high technology related assignments as CEO of Hendy Consulting. Mr Hendy received his strategy consulting training from Braxton Associates, the strategy division of Deloitte Consulting. He has an MA from Cambridge University in Mathematics and Japanese and an MBA from Columbia Business School in New York, NY. Mr Hendy has more recently developed a practice advising Medical Imaging companies on a broad range of issues from organisational development to component strategies and cost reduction.