Koninklijke Philips Management
Management criteria checks 3/4
Koninklijke Philips' CEO is Roy Jakobs, appointed in Oct 2020, has a tenure of 4.17 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 $3.37M. The average tenure of the management team and the board of directors is 5.3 years and 4.7 years respectively.
Key information
Roy Jakobs
Chief executive officer
€4.6m
Total compensation
| CEO salary percentage | 26.2% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.3yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
Philips: Looking Undervalued After Q3 Earnings Drop
Oct 28Philips: Moving Out Of Intensive Care
Oct 09Philips Q2 Earnings: A Focus On Core Strengths Is The Winning Strategy
Jul 29Philips Stock Surges: Risk Remains On Respironics, But With Investment Potential
Jun 28Koninklijke Philips: Major Overhang Removed
May 01Koninklijke Philips: Still On The Cautious Line
Jan 24Philips Q3 Earnings: Getting More Attractive (Rating Upgrade)
Oct 25Koninklijke Philips: Hold For Now
Oct 12Philips: A Healthcare Leader But A Very Risky Investment
Sep 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€469m |
| Jun 30 2024 | n/a | n/a | -€555m |
| Mar 31 2024 | n/a | n/a | -€794m |
| Dec 31 2023 | €5m | €1m | -€456m |
| Sep 30 2023 | n/a | n/a | -€609m |
| Jun 30 2023 | n/a | n/a | -€2b |
| Mar 31 2023 | n/a | n/a | -€2b |
| Dec 31 2022 | €1m | €256k | -€2b |
Compensation vs Market: Roy's total compensation ($USD4.75M) is below average for companies of similar size in the US market ($USD12.63M).
Compensation vs Earnings: Roy's compensation has increased whilst the company is unprofitable.
CEO
Roy Jakobs (50 yo)
4.2yrs
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 | 4.2yrs | €4.58m | 0.014% $ 3.4m | |
| Independent Vice Chairman of Supervisory Board & Secretary | no data | €172.27k | 0.0020% $ 461.3k | |
| Executive VP | 10.6yrs | €2.30m | 0.015% $ 3.5m | |
| Executive VP | less than a year | no data | no data | |
| Executive VP & COO | 2.2yrs | 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 | 8.9yrs | no data | no data | |
| Country Leader/ Health Systems Leader Indonesia | 5.3yrs | no data | no data | |
| Executive VP & CEO of Domestic Appliances | 7.7yrs | no data | no data | |
| Executive VP and Chief Business Leader Image Guided Therapy & Precision Diagnosis (ad interim)) | 5.9yrs | no data | no data | |
| Executive VP & Chief Business Leader of Personal Health Businesses | 4.4yrs | 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% $ 461.3k | |
| Independent Member of Supervisory Board | 3.6yrs | €131.27k | 0.00036% $ 84.3k | |
| Independent Member of Supervisory Board | 9.6yrs | €154.77k | 0.0022% $ 515.2k | |
| Independent Chairman of Supervisory Board | 4.7yrs | €206.35k | 0.0028% $ 648.6k | |
| Independent Member of Supervisory Board | 4.7yrs | €149.27k | 0.0024% $ 562.0k | |
| Independent Member of the Supervisory Board | 3.6yrs | €140.27k | 0.00023% $ 53.9k | |
| Independent Member of Supervisory Board | 2.6yrs | €137.77k | 0.00035% $ 82.0k | |
| Independent Member of Supervisory Board | 2.6yrs | €121.27k | no data | |
| Member of the Supervisory Board | less than a year | no data | no data | |
| Independent Member of Supervisory Board | 6.2yrs | €133.77k | 0.00017% $ 39.8k | |
| Independent Member of Supervisory Board | 5.6yrs | €154.27k | no data |
4.7yrs
Average Tenure
65yo
Average Age
Experienced Board: PHG's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 15:42 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Koninklijke Philips N.V. is covered by 54 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wim Gille | ABN AMRO Bank N.V. |
| Sumit Sayal | AlphaValue |
| Fabrizio Spagna | Axia Financial Research |