Philips Names Company Insider Roy Jakobs As New CEO, Succeeding Frans van Houten

0
27

  • Roy Jakobs is proposed to succeed Frans van Houten as Koninklijke Philips NV (NYSE: PHG) CEO effective October 15.
  • Houten's third term as CEO was not due to end until April. 
  • The departure coincided with Philips's massive product recall that has halved its market value over the past year.
  • Also Read: Competitor Recall Continues To Show Opportunities For ResMed
  • Jakobs headed the company's …

Full story available on Benzinga.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here