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Philips Names New CEO Who Has Led Respiratory Device Recall

  • Jakobs to take over from van Houten after 12 years as CEO
  • Dutch company still dealing with recall of medical devices
Roy Jakobs

Roy Jakobs

Source: Royal Philips NV
Updated on

Royal Philips NV said Roy Jakobs, who has been leading the company’s response to a recall of medical gear, will take over as new chief executive officer. 

Jakobs will become CEO in October, succeeding Frans van Houten who’s been in the top role for 12 years and nearing the end of a third term, the Dutch maker of medical devices said Tuesday.