CEO Today Healthcare Awards

www.ceotodaymagazine.com CEO Today Healthcare Awards 2019 38 NETHERLANDS ABOUT FRANS VAN HOUTEN Frans van Houten is CEO of Royal Philips, a position he has held since April 2011. As CEO, he is also Chairman of the Board of Management and the Executive Committee. He is passionate about innovation, entrepreneurship and business transformation to drive competitiveness and customer value. He is extending Philips’ leadership in health technology as the company focuses on its mission to make the world healthier and more sustainable, with the goal of improving three billion lives per year by 2030. Frans drives Philips’ strategic agenda to provide healthcare technology solutions in support of seamless, patient-centered care across the health continuum, starting with healthy living and prevention, precision diagnosis and personalized treatment, through to care in the home – where the cycle to healthy living begins again. He leads the company’s initiatives to help empower consumers to take more care of their own health and to provide healthcare solutions – suites of systems, smart devices, software and services – to customers and health systems. He first joined Philips in 1986 and has held multiple global leadership positions across the company on three continents, including the role of co-CEO of the Consumer Electronics division. Frans’ 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. FRANS VAN HOUTEN Chairman and CEO of Royal Philips FIRM PROFILE At Philips, we strive to make the world healthier and more sustainable through innovation. Our goal is to improve the lives of 3 billion people a year by 2030. We will be the best place to work for people who share our passion. Together we will deliver superior value for our customers and shareholders. Building upon a rich heritage of innovation The foundations of Philips were laid in 1891 when Gerard Philips and his father Frederik Philips established Philips & Co. in Eindhoven (Netherlands) – to “manufacture incandescent lamps and other electrical products”. A few years later, in 1895, Gerard’s brother Anton Philips joined the young company. He proved to be a great commercial talent and within a few years Philips was one of the world’s leading producers of light bulbs. Innovation and you In2013we re-affirmedour long-standingcommitment to improving people’s lives through meaningful innovation with the launch of our new brand promise – Philips delivers innovation that matters to you. Our ‘innovation and you’ brand line is the simplest distillation of our brand promise. It encapsulates the magic of innovation that makes a meaningful difference to people’s lives. Our strategic focus - driving value creation Today,Philips isa leadinghealthtechnologycompany focused on improving people’s health and enabling better outcomes across the health continuum – thereby creating value for its stakeholders. Businesses bringing innovations to market With our focus on delivering meaningful innovation, we serve both professional and consumer markets throughout the world in the areas of health systems and personal health. We are a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.