Philips over the past year has been grappling with the fallout of a massive recall of ventilators.
(Reporting by Bart Meijer; editing by Jason Neely)
AMSTERDAM (Reuters) - Dutch health technology company Philips on Tuesday unexpectedly announced that Chief Executive Officer Frans van Houten would be replaced with company insider Roy Jakobs on October 15.
Philips over the past year has been grappling with the fallout of a massive recall of ventilators.
(Reporting by Bart Meijer; editing by Jason Neely)
Frans van Houten was the founder of Platform for Accelerating the Circular Economy, founded in 2016, where he served as Co-Chairman until 2022.
He is also the founder of Nl2025.
Currently, Mr. van Houten is the Chief Executive Officer of Philips International BV.
He is also the Chairman-Supervisory Board of Stichting Erasmus Trustfonds (SET), Independent Non-Executive Director of Novartis AG, Director of Absci Corp., and Member of the European Round Table of Industrialists.
Mr. van Houten's former positions include Chief Executive Officer of Koninklijke Philips NV from 2011 to 2022, President & Chief Executive Officer of Philips Semiconductors BV in 2006, Chairman & Chief Executive Officer of NXP Semiconductors NV from 2004 to 2009, and CEO-Consumer Electronics Businesses Group of Philips Consumer Electronics BV from 1996 to 2004.
Mr. van Houten's education includes an undergraduate degree in 1982 and a graduate degree in 1985 from Erasmus University Rotterdam.
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Philips International BV
Philips International BV Investment ManagersFinance Philips International BV manufactures color television sets, lighting equipment, electric shavers, color picture tubes for televisions and monitors, medical systems and components, and satellite television receiving equipment. The company is headquartered in Eindhoven, Netherlands. | Chief Executive Officer |
Nl2025 | Founder |