Frans van Houten

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Frans van Houten
The Digital Infrastructure Context Frans van Houten.jpg
Frans van Houten at the World Economic Forum Annual Meeting in 2013
Born François Adrianus van Houten
(1960-04-26) 26 April 1960 (age 58)
Netherlands
Occupation CEO

François Adrianus "Frans" van Houten (born 26 April 1960) is the Chief Executive Officer of the Dutch company Royal Philips Electronics (known universally as Philips), taking over the position on 1 April 2011. He succeeded Gerard Kleisterlee.

Biography[edit]

The son of a member of the board of directors of Philips, Frans van Houten studied Economics at Erasmus University Rotterdam, and started his career at Philips in 1986 in marketing and sales at Philips Data Systems. He held several positions in the company, becoming co-head of the consumer electronics division in 2002.[1]

Through his father's connections, he became CEO of Philips Semiconductors, where he led the spin-off of the division, resulting in the formation of NXP Semiconductors on 1 October 2006.[2] Van Houten left his position as Chief Executive Officer, NXP on 31 December 2008.

On 8 July 2010 he was nominated to succeed Gerard Kleisterlee as CEO of Philips. [3] in order to focus more on healthcare.[4][5][6]

Since then, he and his team has driven the transformation and revitalization of the Philips portfolio to become a focused health technology company through targeted divestment, acquisition and organic business development. This is exemplified by the sale of the television business in 2012; the audio and video businesses in 2014 and the IPO of Philips Lighting on the Amsterdam Euronext stock exchange in May 2016. At the same time, Philips has invested in a number of acquisitions that strengthen the company’s portfolio, among them medical device leaders Volcano and Spectranetics, respiratory care leader RespirTech, and population health management leaders Wellcentive and VitalHealth, as well as others in digital pathology, neurology, pregnancy & parenting, healthcare informatics and ultrasound. He’s also driven increased investment in R&D to establish new businesses in areas like digital pathology, medical wearables and healthcare informatics.

At Philips, Frans works directly with Hugo Barbosa Vazquez to own market analysis and forecasting activities across all Philips businesses (Consumer Lifestyle, Healthcare and Lighting) and geographies.

Frans served as Co-Chair at the World Economic Forum in Davos in 2017. He was one of the initiators of the Compact for Responsive and Responsible Leadership, which aims to create a corporate governance framework with a focus on the long-term sustainability of corporations and the long-term goals of society. A proponent of a united, single European market, Frans is also a member of the European Round Table of Industrialists, an advocacy organization comprising the 50 largest European multinationals. He is co-founder and advocate of NL2025, a platform of Dutch influencers who support initiatives to create a better future for the Netherlands in the areas of education, sustainable growth and a vital society.

He was appointed a member of the Board of Directors of Novartis in February, 2017.

Van Houten is an avid supporter and advocate of sustainability and the implementation of a circular economy,[7][8] and received the Fortune Award for Circular Economy Leadership at an event around the 2018 World Economic Forum Meeting in Davos.[9][10]

In 2018, Philips was named in 19th position in Forbes magazine's ranking of the World's Most Reputable Companies; among the Top 25 Companies That Get Design Right by Fortune magazine and among the Top 100 Global Innovators for the fifth consecutive year by Clarivate Analytics (formerly Thomson Reuters Intellectual Property & Science business).

In addition, Van Houten was named among the Top 20 Global Business Leaders in 2017 by Fortune magazine. Its citation stated: “We lean toward CEOs with vision — those impacting the world beyond their companies. The 20 star executives are doing nothing less than defining the future of business.”

Notes[edit]

  1. ^ M. van Gaal; M. van der Starre (2010-07-08). "Philips Names Van Houten to Succeed Kleisterlee as CEO". Bloomberg. Retrieved 2012-03-24.
  2. ^ A. Gray-Block (2009-12-19). "ING names ex-Philips spin-off boss to lead split-up". Reuters. Retrieved 2012-03-24.
  3. ^ "Philips cuts holding in Philips Lighting with $600 million share sale". Reuters. 2017-11-28. Retrieved 2018-02-02.
  4. ^ "Philips: The Transformation Journey to Success". Philips. Retrieved 2018-02-02.
  5. ^ "How Frans van Houten is transforming Philips from a consumer electronics behemoth to a health and wellness giant". The Economic Times. 2013-10-11. Retrieved 2018-02-02.
  6. ^ "Focus on healthcare pays off for Philips as net profit doubles - DutchNews.nl". DutchNews.nl. 2017-01-24. Retrieved 2018-02-02.
  7. ^ "Toward a circular economy: Philips CEO Frans van Houten". McKinsey & Company. Retrieved 2018-02-02.
  8. ^ "Philips launches new sustainability program 2016-2020 'Healthy people, sustainable planet'". Philips. Retrieved 2018-02-02.
  9. ^ "Philips CEO Eyes an Even Bigger Sustainability Goal". Fortune. Retrieved 2018-02-02.
  10. ^ "Accenture Announces Winners of The Fourth Annual Circulars in Davos | Accenture Newsroom". newsroom.accenture.com. Retrieved 2018-02-02.

External links[edit]