Early exit Philips boss Van Houten hits hard: ‘Eleven brilliant years and one dramatic year’ | Financial

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New helmsman Roy Jakobs must increase resilience

CEO Frans van Houten did everything right for eleven years, but will resign early in mid-October, after ‘his’ Philips has been under heavy fire for a year and a half for a recall of millions of apnea and ventilators. His successor Roy Jakobs has the task of making the company more ‘resilient’ as a specialized care technology group.

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