Philips chooses new CEO from within ranks who lead respiratory device recall

Aug. 16, 2022 5:35 AM ETKoninklijke Philips N.V. (PHG)By: Ravikash, SA News Editor3 Comments

Exterior view of the French headquarters of Philips in Suresnes, France

HJBC/iStock Editorial via Getty Images

  • Royal Philips (NYSE:PHG) said Roy Jakobs will succeed Frans van Houten as president and CEO, effective Oct. 15.
  • Jakobs currently serves as executive vice president and chief business leader of Connected Care at Philips.
  • The

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