DutchNews.nl - DutchNews.nl brings daily news from The Netherlands in English

21 May 2025
Newsletter Donate Advertise
  • News
  • Life in the Netherlands
  • Jobs
  • Podcast
  • About us
  • Search
  • Home
  • Economy
  • Art and culture
  • Sport
  • Europe
  • Society
  • Environment
  • Health
  • Housing
  • Education
  • News
    • Home
    • Economy
    • Art and culture
    • Sport
    • Europe
    • Society
    • Environment
    • Health
    • Housing
    • Education
  • Life in the Netherlands
    • Latest
    • Opinion
    • Books
    • Travel
    • 10 Questions
    • Learning Dutch
    • Inburgering with DN
    • Food & Drink
    • Ask us anything
  • Jobs
  • Podcast
  • About us
    • Team
    • Donate
    • Advertise
    • Writing for Dutch News
    • Contact us
    • Privacy
    • Newsletter
  • Search

Roy Jakobs to take over the helm at Philips as Frans van Houten steps down

August 16, 2022
Roy Jakobs will be Philips new CEO. Photo: Philips handout
Roy Jakobs will be Philips new CEO. Photo: Philips handout

Frans van Houten, who has led the transformation of Philips into a medical technology for the past 12 years, is to stand down in October and will be replaced by Roy Jakobs.

‘The supervisory board and current Philips CEO Frans van Houten have agreed that with the end of his third term in sight, the time is right for the change in leadership,’ the company said in a statement.

‘After a comprehensive evaluation of external and internal candidates, the supervisory board has unanimously decided to propose Roy Jakobs as the next president and CEO of Philips to its general meeting of shareholders.’

According to the Financieele Dagblad, Van Houten’s departure is 18 months earlier than expected. In May, 80% of shareholders voted against awarding a €1.8 million bonus to Van Houten because they were unhappy about delivery problems and issues with the company’s widely used sleep apnea machines.

Jakobs, who joined Philips in 2010, has held several positions within the company and is currently business leader of the company’s ‘connected care’ arm. In 2021, he was made responsible for the recall of Philips’ sleep apnea apparatus after a health scare – a process which has run into considerable problems and which has been widely criticised.

Van Houten will act as advisor to the company – supporting the transition – until April 30, 2023, the company said.

Share this article
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Copy URL
Economy
Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation
Latest
Show more
Bodies found in car during search for missing children
EU to review Israel agreement over Gaza crisis after Dutch push
Central bank president Knot urges Europe to end dependency on US
Europe's last battlefield: Remembering Texel's Georgian uprising
"The Netherlands is innovative yet surprisingly traditional"
NewsHomeEconomyArt and cultureSportEuropeSocietyEnvironmentHealthHousingEducation
Life in the NetherlandsLatestOpinionBooksTravel10 QuestionsLearning DutchInburgering with DNFood & DrinkAsk us anything
About usTeamDonateAdvertiseWriting for Dutch NewsContact usPrivacyNewsletter
© 2025 DutchNews | Cookie settings

Help us to keep providing you information about coronavirus in the Netherlands.

Many thanks to everyone who has donated to DutchNews.nl in recent days!

We could not provide this service without you. If you have not yet made a contribution, you can do so here.

The DutchNews.nl team

Donate now

Dutchnews Survey

Please help us making DutchNews.nl a better read by taking part in a short survey.

Take part now