Koninklijke Philips Management
Management criteria checks 3/4
Koninklijke Philips' CEO is Roy Jakobs, appointed in Oct 2020, has a tenure of 4.08 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 $3.47M. The average tenure of the management team and the board of directors is 5.3 years and 4.6 years respectively.
Key information
Roy Jakobs
Chief executive officer
€4.6m
Total compensation
| CEO salary percentage | 26.2% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.3yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Philips: Looking Undervalued After Q3 Earnings Drop
Oct 28Philips: Moving Out Of Intensive Care
Oct 09Philips Q2 Earnings: A Focus On Core Strengths Is The Winning Strategy
Jul 29Philips Stock Surges: Risk Remains On Respironics, But With Investment Potential
Jun 28Koninklijke Philips: Major Overhang Removed
May 01Koninklijke Philips: Still On The Cautious Line
Jan 24Philips Q3 Earnings: Getting More Attractive (Rating Upgrade)
Oct 25Koninklijke Philips: Hold For Now
Oct 12Philips: A Healthcare Leader But A Very Risky Investment
Sep 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€469m |
| Jun 30 2024 | n/a | n/a | -€555m |
| Mar 31 2024 | n/a | n/a | -€794m |
| Dec 31 2023 | €5m | €1m | -€456m |
| Sep 30 2023 | n/a | n/a | -€609m |
| Jun 30 2023 | n/a | n/a | -€2b |
| Mar 31 2023 | n/a | n/a | -€2b |
| Dec 31 2022 | €1m | €256k | -€2b |
Compensation vs Market: Roy's total compensation ($USD4.82M) is below average for companies of similar size in the US market ($USD12.74M).
Compensation vs Earnings: Roy's compensation has increased whilst the company is unprofitable.
CEO
Roy Jakobs (50 yo)
4.1yrs
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 | 4.1yrs | €4.58m | 0.014% $ 3.5m | |
| Independent Vice Chairman of Supervisory Board & Secretary | no data | €172.27k | 0.0020% $ 476.0k | |
| Executive VP | 10.5yrs | €2.30m | 0.015% $ 3.6m | |
| Executive VP | less than a year | no data | no data | |
| Executive VP & COO | 2.1yrs | no data | no data | |
| Head of Investor Relations | 5.3yrs | no data | no data | |
| Executive VP & Chief People Officer | 1.3yrs | no data | no data | |
| Chief Medical Officer | 8.8yrs | no data | no data | |
| Country Leader/ Health Systems Leader Indonesia | 5.3yrs | no data | no data | |
| Executive VP & CEO of Domestic Appliances | 7.6yrs | no data | no data | |
| Executive VP and Chief Business Leader Image Guided Therapy & Precision Diagnosis (ad interim)) | 5.8yrs | no data | no data | |
| Executive VP & Chief Business Leader of Personal Health Businesses | 4.3yrs | 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 | 6.3yrs | €172.27k | 0.0020% $ 476.0k | |
| Independent Member of Supervisory Board | 3.5yrs | €131.27k | 0.00036% $ 87.0k | |
| Independent Member of Supervisory Board | 9.5yrs | €154.77k | 0.0022% $ 531.5k | |
| Independent Chairman of Supervisory Board | 4.6yrs | €206.35k | 0.0028% $ 669.2k | |
| Independent Member of Supervisory Board | 4.6yrs | €149.27k | 0.0024% $ 579.8k | |
| Independent Member of the Supervisory Board | 3.5yrs | €140.27k | 0.00023% $ 55.6k | |
| Independent Member of Supervisory Board | 2.5yrs | €137.77k | 0.00035% $ 84.6k | |
| Independent Member of Supervisory Board | 2.5yrs | €121.27k | no data | |
| Member of the Supervisory Board | less than a year | no data | no data | |
| Independent Member of Supervisory Board | 6.1yrs | €133.77k | 0.00017% $ 41.1k | |
| Independent Member of Supervisory Board | 5.5yrs | €154.27k | no data |
4.6yrs
Average Tenure
65yo
Average Age
Experienced Board: PHG's board of directors are considered experienced (4.6 years average tenure).