44 cases of death, CEO of CEO of well -known medical device companies in the world

After 10 years of CEO, a sudden replacement may mean that the company reached a crossroad.

On August 16th, according to the official caliber of Philips, the President and CEO of the Philips Group left, and the Roy Jakobs took over by Roy Jakobs and took effect on October 15 this year. At the same time, in order to ensure smooth transfer, before May 2023, Marriott Dun will play the role of the company's consultant.

It is worth noting that Marriott Dun joined Philips in 1986 and is a "old employee" with more than 30 years of working age. In April 2011, Marriott Dun officially served as CEO of Philips Group, and has been more than 11 years.

The official response of Philips said: With the end of the third term of Marriors, the end of the leader's change; and after a comprehensive evaluation of internal and external candidates, the Supervisory Board decided to select the internal personnel Roy Jakobs to the Philips Group under the Philips Group A president and CEO.

However, the outside world believes that the departure of Marriott may be related to the global product recall and major losses of the company facing Philips.

The crisis of the "ventilator" is getting deeper and deeper

In the statement of Philips, the reason for the resignation of CEO Marriott has been revealed.

In June 2021, Philips' ventilator found major defects, and a foam material in the product may degrade and release harmful and carcinogenic particles. Philips decided to recall some of the global recall of sleep and breathable ventilator.

Philips can become one of the global ventilator giants because in 2007, it acquired Weikang, an American ventilator company. Therefore, the main market of Philips ventilator is in the United States. During this recall, the total number of recalled machines was 3 to 4 million units, more than half of which were located in the United States.

In June 2021, according to the China Pharmaceutical Bureau, Philips recalls a total of 29,8602 unseen ventilator in China.

Although non -invasive ventilator is not as expensive as the ventilator used by the hospital during the new crown epidemic, it is not cheap. The price of Philips ventilator is more than 10,000 yuan. There are millions of units in the world, involving amazing amounts. Philips announced that it would be used for the recall of 500 million euros for recall.

Although Philips repeatedly stated that the recall "will not have a great impact on the company's revenue this year", it seems that this is not the case. In the fourth quarter of 2021, Philips' sales were 4.9 billion euros, a slight decrease year -on -year, but the net profit was only 151 million euros, a decrease of 75%year -on -year.

In January 2022, Philips finally released data: the global recall ventilator has expanded to 5.2 million units, and the recall cost has also increased by 225 million euros. But FDA was still unsatisfactory to Philips' recalls. In March of this year, the FDA issued an administrative order asking Philips to clearly convey the serious risks that their recall equipment information and equipment may generate to patients and the public within 45 days.

The FDA's move pushed the recall of Philips ventilator from "the company's active recall" to "forced recall".

What's even more fatal is that the FDA also disclosed that there were more than 48,000 reports on Philips breathing equipment failure between May and July of this year, including 44 death reports. On April 25, Philips also received a subpoena from the US Department of Justice to ask for recall information.

Affected by this, the first quarter report of Philips 2022 showed that the company was in a dilemma of losses and the losses reached 151 million euros. Related matters are still fermenting.

In a series of strikes, the company's president and CEO Marriors became the focus of public opinion inside and outside Philips.

New one, new question

The new CEO will definitely fill the pit left by the predecessor. In a statement, Philips believes that the new CEO Roy Jakobs played an important role in the important RESPIRONICS ventilator recall.

Jakobs said: The biggest problem in the current recall process is that the patient thinks that the replacement equipment has been too long: "Philips sent about 1 million ventilator each year, and the recall process involved maintenance and replacement, so the current transmission volume of the current year must reach 6 million Around the station. "

Judging from the current situation of Philips, Jakobs may not only need to deal with recalls, but also assume the heavy responsibility of ZTE Philip.

Philips is an old -fashioned company with a history of more than 130 years. When the company was established in 1891, Philips leaned against the incandescent lamp. At the end of World War I, Philips was the largest lighting company in Europe.

For a long time, the daily necessities are Philips' profitable weights: carrying out TV tests, producing radios, exploring electric shaver, introduction of card recorder, development video conference equipment ... Founded Bo Lijin, a well -known record company, Teresa Teng, Leslie Cheung, Beyond, Faye Wong and other artists have all been a subsidiary of Poli Gold.

Philips strives to follow technology and market hotspots, and the scope of getting involved is getting wider and wider, which has made the company's positioning more blurred. In early 2000, the IT technology bubble swept the world, Philips sales fell by 20%, accounting for one -third of the company's revenue semiconductor sales fell 25%. In 2001, Philips opened the road of "streamlined" and gradually focused on the three major sectors of lighting, medical care and high -quality life.

In 2011, after another round of financial crisis, Philips lost weight again.At this time, Marriott Don became the company's CEO. He first cut off the TV business with a cumulative loss of 1 billion euros. At the same time, such as actively transforming medical care directions, he acquired Volcano, an American equipment manufacturer, and VesperMedica, a US medical technology company.In the re -state statement, Philips expressed his affirmation of Marriott Dun: He led the company from a diversified industrial group to a global solution supplier in the field of health technology.

Will Philips be completely defeated by these more than 5 million ventilator?How to further avoid risks in the future?This will be something that new leadership needs to consider.

#Philips recall ventilator ## Philips Group president departure#

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