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Philips CEO Frans van Houten to quit in October - Vimarsana News

Philips CEO Frans van Houten to quit in October

Philips said Van Houten would be replaced on Oct. 15 by Roy Jakobs, head of the company's Connected Care businesses.

FDA Says Faulty Philips Device Reports Accelerating as CEO Departs - Vimarsana News

FDA Says Faulty Philips Device Reports Accelerating as CEO Departs

The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining