Houten has been CEO for 12 years and was due to leave the job in April. Roy Jakobs, head of Connected Care will take over.
Philips is in the middle of a recall of ventilators and machines for the treatment of sleep apnea which could lead to large legal claims.
In June 2021 Philips warned that foam used for sound dampening might release toxic gases that could carry cancer risks. It started the recall in September 2021 saying the recall would take a year.