Gerard Kleisterlee - Citizendia

Gerard Kleisterlee is the current President and Chief Executive Officer of Royal Philips Electronics (known universally as Philips) and Chairman of its Board of Management and Group Management Committees. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Koninklijke Philips Electronics NV ( Royal Philips Electronics Inc.

He was born in Germany in 1946 to a mixed (Dutch and German) couple and was raised in the Netherlands. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. Year 1946 ( MCMXLVI) was a Common year starting on Tuesday (link will display full 1946 calendar of the Gregorian calendar. The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands He was educated at a Jesuit-run school and went on to study at the Eindhoven University of Technology and became an electronic engineer, and like his father he has worked at Philips all his life. Eindhoven ( is a Municipality and a city located in the province of Noord-Brabant in the south of the Netherlands, originally at the confluence

From 1981 to 1986 he was the General Manager of Philips' Professional Audio Product Group. Kleisterlee joined Philips Components in 1986. After becoming General Manager of Philips Display Components for Europe, he has attended Wharton School's Advanced Management Program^[1]in 1991. Harvard Business School ( HBS) is a renowned Business school in the United States Year 1991 ( MCMXCI) was a Common year starting on Tuesday (link will display full calendar of the Gregorian Calendar.

Upon return to Philips, he was appointed Managing Director of Philips Display Components Worldwide in 1994. Year 1994 ( MCMXCIV) was a Common year starting on Saturday (link will display full 1994 Gregorian calendar) He became President of Philips Taiwan and Regional Manager for Philips Components in Asia-Pacific in 1996. From September 1997 through June 1998 he was also responsible for all the activities of the Philips Group in China. Year 1997 ( MCMXCVII) was a Common year starting on Wednesday (link will display full 1997 Gregorian calendar Year 1998 ( MCMXCVIII) was a Common year starting on Thursday (link will display full 1998 Gregorian calendar) China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National He was appointed as a member of the Hong Kong Chief Executive's Council of International Advisers in the years of 1998-2005[4]. The Chief Executive of Hong Kong ( is the head of Hong Kong Government and the principal representative of the Hong Kong.

Kleisterlee determined not only to transform Philips' image with consumers but also turn it into a high-growth, high-tech company, something that more than 10 years of restructuring, under two predecessors, failed to do. Since becoming CEO he has done the following ^[2]

a) replaced all of the top executives at Philips' consumer-electronics division in the U.S.
b) outsourced the production of mobile phone handsets and VCRs
c) cut the number of factories from 269 to 160
d) sold a number of low-growth businesses such as fax machines
e) slashed overhead
f) forced divisions to share services to achieve cost savings
g) spun off the volatile semiconductors business into a separate entity named NXP Semiconductors and sold a controlling 80. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator The United States of America —commonly referred to as the PLEASE BEAR IN MIND THAT THIS IS A GENERAL ARTICLE ABOUT VCRs/VIDEOCASSETTE RECORDERS NXP (for Next eXPerience) Semiconductors is the name for the new Semiconductor company founded by Philips as announced by its CEO Frans 1% stake to a consortium of private equity investors

Recognition

He was awarded an Honorary doctorate from the Catholic University of Leuven in 2005. In Finance, private equity is an Asset class consisting of equity Securities in operating companies that are not Publicly traded on The Catholic University of Leuven, or Louvain, was the largest oldest and most prominent university in Belgium. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar.
Gerard Kleisterlee was named 2006 Europe Businessman of the Year by Fortune^[3]

References

^ [1] University of Pennsylvania Wharton School alumni magazine
^ [2] Fastcompany. Fortune is a Global Business Magazine published by Time Inc's Fortune|Money Group com
^ [3] Fortune names Kleisterlee as European 2006 Businessman of the Year

Recognition

References

See also