Frans van Houten (pictured) ,CEO of Philips, is to step down in October following a product recall which has halved Philips’ share price. Houten has been CEO for 12 years and was due to leave the job in April. Roy Jakobs, head of Connected Care will take over. Philips is in the middle of a …
The post Philips CEO to leave after product recall appeared first on Electronics Weekly .