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People: Koninklijke Philips NV (PHG.AS)

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van Houten, Francois 

Mr. Francois Adrianus (Frans) van Houten has serves as President, Chief Executive Officer and Chairman of the Board of Management of Koninklijke Philips NV since April 1, 2011. Mr. van Houten started his career with the Company in 1986 in marketing and sales at Philips Data Systems and held several leadership positions within the company. He became CEO of Airvision, an in-flight entertainment startup in the United States in 1992, and was appointed vice president international sales and operations of Philips Kommunikations Industrie in Germany in 1993. In 1996, Mr. van Houten joined Philips' Consumer Electronics division for which he led the region Asia Pacific, Middle East and Africa, based in Singapore. In 2002, he became co-CEO of the Consumer Electronics division and was appointed Member of Philips' Group Management Committee in 2003. In 2004, Mr. van Houten was appointed CEO of Philips Semiconductors and in 2006 joined Philips' Board of Management until the spin out and creation of NXP Semiconductors in September of that year. Prior to re-joining Philips, Mr. van Houten was heading a project to separate ING Group's banking and insurance operations as an independent advisor to ING's management board.

Basic Compensation

Total Annual Compensation, EUR 3,975,260
Restricted Stock Awards, EUR 12,041
Long-Term Incentive Plans, EUR --
All Other, EUR 687,736
Fiscal Year Total, EUR 4,675,040

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --