Former Philips CEO Who Reshaped Company Dies at 87

Cor Boonstra came after an American career on a short contract at Philips. He stayed, clashed with predecessor Jan Timmer and was suspected of stock market fraud when he left.

Cor Boonstra, former Philips CEO, passed away in the night from Friday to Saturday at the age of 87 in his hometown of Amsterdam. His family informed the ANP. Boonstra led the electronics company from 1996 to 2001. He had long had the reputation of being one of the best managers in the Netherlands.

Former Philips CEO Cor Boonstra has died at the age of 87. This was reported by his family to the ANP news agency. Boonstra was CEO of Philips between 1996 and 2001. He became particularly well-known for the major restructuring within the company. Under his leadership, the head office also moved from Eindhoven to Amsterdam. Although his approach was not always appreciated, things did improve at Philips under Boonstra's leadership. In 2000, the s…

Former philips CEO who reshaped company dies at 87

Cor Boonstra, the former CEO of Philips and once regarded as one of the Netherlands’ most influential business leaders, died overnight Friday into Saturday at the age of 87, his family confirmed to ANP. He passed away in his hometown of Amsterdam.Boonstra led the Dutch electronics giant Philips from 1996 until 2001, overseeing a turbulent but financially impactful period in the company’s history. Upon taking the helm, Boonstra implemented sweepi…

Former Philips executive Cor Boonstra passed away in the night from Friday to Saturday at the age of 87 in his hometown of Amsterdam. His family informed the Dutch press agency ANP. Boonstra led the electronics group from 1996 to 2001. He had long had the reputation of being one of the best executives in the Netherlands.

Former Philips CEO Cor Boonstra (87) passed away on Friday night. His family told ANP. Boonstra led Philips from 1996 to 2001. Under his leadership, Philips' head office moved from Eindhoven to Amsterdam. He had a reputation for being one of the best managers in the Netherlands for a long time. Boonstra took drastic action at Philips to improve results. Shortly after taking office as CEO, he announced major restructuring. He spun off loss-making…