Koninklijke Philips Management
Management criteria checks 3/4
Koninklijke Philips' CEO is Roy Jakobs, appointed in Oct 2020, has a tenure of 3.58 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 $3.42M. The average tenure of the management team and the board of directors is 5.3 years and 4.1 years respectively.
Key information
Roy Jakobs
Chief executive officer
€4.6m
Total compensation
| CEO salary percentage | 26.2% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.3yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
Koninklijke Philips: Major Overhang Removed
May 01Koninklijke Philips: Still On The Cautious Line
Jan 24Philips Q3 Earnings: Getting More Attractive (Rating Upgrade)
Oct 25Koninklijke Philips: Hold For Now
Oct 12Philips: A Healthcare Leader But A Very Risky Investment
Sep 20Philips Is Reasonably Valued Despite Its 35% Rally This Year
Jul 07Philips CPAP, BiPAP, ventilator safety reports to FDA top 98K
Feb 10Philips eyes restructuring and job cuts – report
Jan 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€794m |
| Dec 31 2023 | €5m | €1m | -€456m |
| Sep 30 2023 | n/a | n/a | -€609m |
| Jun 30 2023 | n/a | n/a | -€2b |
| Mar 31 2023 | n/a | n/a | -€2b |
| Dec 31 2022 | €1m | €256k | -€2b |
Compensation vs Market: Roy's total compensation ($USD4.90M) is below average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Roy's compensation has increased whilst the company is unprofitable.
CEO
Roy Jakobs (49 yo)
3.6yrs
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 | 3.6yrs | €4.58m | 0.014% € 3.4m | |
| Independent Vice Chairman of Supervisory Board & Secretary | no data | €172.27k | 0.0020% € 478.5k | |
| Executive VP | 8.6yrs | €3.00m | 0.020% € 4.8m | |
| Executive VP | 10yrs | €2.30m | 0.014% € 3.5m | |
| Executive VP & COO | 1.6yrs | no data | no data | |
| Head of Investor Relations | 4.8yrs | 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 | 8.8yrs | no data | no data | |
| Chief Medical Officer | 8.3yrs | no data | no data | |
| Country Leader/ Health Systems Leader Indonesia | 4.8yrs | no data | no data | |
| Executive VP & CEO of Domestic Appliances | 7.1yrs | 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: PHG'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 | 5.8yrs | €172.27k | 0.0020% € 478.5k | |
| Independent Member of Supervisory Board | 3yrs | €131.27k | 0.00036% € 87.9k | |
| Independent Member of Supervisory Board | 9yrs | €154.77k | 0.0022% € 534.6k | |
| Independent Chairman of Supervisory Board | 4.1yrs | €206.35k | 0.0028% € 673.8k | |
| Independent Member of Supervisory Board | 4.1yrs | €149.27k | 0.0024% € 583.4k | |
| Independent Member of the Supervisory Board | 3yrs | €140.27k | 0.00023% € 56.1k | |
| Independent Member of Supervisory Board | 2yrs | €137.77k | 0.00035% € 85.4k | |
| Independent Member of Supervisory Board | 2yrs | €121.27k | no data | |
| Independent Member of Supervisory Board | 5.6yrs | €133.77k | 0.00017% € 41.5k | |
| Independent Member of Supervisory Board | 5yrs | €154.27k | no data |
4.1yrs
Average Tenure
65yo
Average Age
Experienced Board: PHG's board of directors are considered experienced (4.1 years average tenure).