Koninklijke Philips Management
Management criteria checks 3/4
Koninklijke Philips' CEO is Roy Jakobs, appointed in Oct 2020, has a tenure of 3.5 years. total yearly compensation is €4.58M, comprised of 26.2% salary and 73.8% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth €2.44M. The average tenure of the management team and the board of directors is 5.3 years and 4 years respectively.
Key information
Roy Jakobs
Chief executive officer
€4.6m
Total compensation
| CEO salary percentage | 26.2% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.3yrs |
| Board average tenure | 4yrs |
Recent management updates
No updates
Recent updates
Here's Why Koninklijke Philips (AMS:PHIA) Has A Meaningful Debt Burden
Mar 21
Lacklustre Performance Is Driving Koninklijke Philips N.V.'s (AMS:PHIA) Low P/S
Jan 21Does Koninklijke Philips (AMS:PHIA) Have A Healthy Balance Sheet?
Dec 16Koninklijke Philips (AMS:PHIA) Is Making Moderate Use Of Debt
Sep 17Is There Now An Opportunity In Koninklijke Philips N.V. (AMS:PHIA)?
Jul 16Is There An Opportunity With Koninklijke Philips N.V.'s (AMS:PHIA) 47% Undervaluation?
Jun 12Health Check: How Prudently Does Koninklijke Philips (AMS:PHIA) Use Debt?
Mar 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €5m | €1m | -€456m |
| Sep 30 2023 | n/a | n/a | -€609m |
| Jun 30 2023 | n/a | n/a | -€2b |
| Mar 31 2023 | n/a | n/a | -€2b |
| Dec 31 2022 | €1m | €256k | -€2b |
Compensation vs Market: Roy's total compensation ($USD4.92M) is about average for companies of similar size in the Dutch market ($USD4.19M).
Compensation vs Earnings: Roy's compensation has increased whilst the company is unprofitable.
CEO
Roy Jakobs (49 yo)
3.5yrs
Tenure
€4,582,347
Compensation
Mr. Roy Jakobs serves as its Chief Executive Officer & President since October 15, 2022. He serves as Chairman of the Board of Management at Koninklijke Philips N.V. since October 2022. He served as Execut...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | €4.58m | 0.014% € 2.4m | |
| Independent Vice Chairman of Supervisory Board & Secretary | no data | €172.27k | 0.0020% € 342.3k | |
| Executive VP | 8.5yrs | €3.00m | 0.020% € 3.4m | |
| Executive VP | 9.9yrs | €2.30m | 0.014% € 2.5m | |
| Executive VP & COO | 1.5yrs | no data | no data | |
| Head of Investor Relations | 4.7yrs | no data | no data | |
| Executive VP & Chief People Officer | less than a year | no data | no data | |
| Executive VP & Chief Market Leader of Philips Greater China | 8.7yrs | no data | no data | |
| Chief Medical Officer | 8.3yrs | no data | no data | |
| Country Leader/ Health Systems Leader Indonesia | 4.7yrs | no data | no data | |
| Executive VP & CEO of Domestic Appliances | 7yrs | no data | no data | |
| Executive VP and Chief Business Leader Image Guided Therapy & Precision Diagnosis | 5.3yrs | no data | no data |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Management: PHIA's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice Chairman of Supervisory Board & Secretary | 5.7yrs | €172.27k | 0.0020% € 342.3k | |
| Independent Member of Supervisory Board | 2.9yrs | €131.27k | 0.00036% € 62.9k | |
| Independent Member of Supervisory Board | 8.9yrs | €154.77k | 0.0022% € 382.4k | |
| Independent Chairman of Supervisory Board | 4yrs | €206.35k | 0.0028% € 481.9k | |
| Independent Member of Supervisory Board | 4yrs | €149.27k | 0.0024% € 417.3k | |
| Independent Member of the Supervisory Board | 2.9yrs | €140.27k | 0.00023% € 40.2k | |
| Independent Member of Supervisory Board | 1.9yrs | €137.77k | 0.00035% € 61.1k | |
| Independent Member of Supervisory Board | 1.9yrs | €121.27k | no data | |
| Independent Member of Supervisory Board | 5.5yrs | €133.77k | 0.00017% € 29.7k | |
| Independent Member of Supervisory Board | 4.9yrs | €154.27k | no data |
4.0yrs
Average Tenure
65yo
Average Age
Experienced Board: PHIA's board of directors are considered experienced (4 years average tenure).