People
The announcement coincided with a company announcement of a number of changes in the responsibilities of the members of its Group Management Committee (GMC). Frans van Houten, a member of the GMC and currently responsible for the business groups of the Consumer Electronics division, will become the new CEO of the Semiconductors division, reporting to Gerard Kleisterlee, president and CEO of Philips Electronics.
Kleisterlee commented: "Whilst we respect Scott McGregor's personal decision to return to the United States, we regret to see him leave. He has led the Semiconductors division through one of the most difficult periods in its history and managed to turn it around successfully into a leaner business with a strong focus on innovation. We wish Scott all the best for his future career."
