![Gerard Kleisterlee, President and CEO of Royal Philips Electronics, listens to a question during the 9th Nikkei Global Management Forum at a hotel in Tokyo, Monday, Oct. 29, 2007. (AP Photo/Katsumi Kasahara Gerard Kleisterlee, President and CEO of Royal Philips Electronics, listens to a question during the 9th Nikkei Global Management Forum at a hotel in Tokyo, Monday, Oct. 29, 2007. (AP Photo/Katsumi Kasahara](https://c8.alamy.com/comp/2PAXTJ9/gerard-kleisterlee-president-and-ceo-of-royal-philips-electronics-listens-to-a-question-during-the-9th-nikkei-global-management-forum-at-a-hotel-in-tokyo-monday-oct-29-2007-ap-photokatsumi-kasahara-2PAXTJ9.jpg)
Gerard Kleisterlee, President and CEO of Royal Philips Electronics, listens to a question during the 9th Nikkei Global Management Forum at a hotel in Tokyo, Monday, Oct. 29, 2007. (AP Photo/Katsumi Kasahara
![Philips' Chief Executive Gerard Kleisterlee reacts at the start of a press conference in Amsterdam, Netherlands, Monday Jan. 22, 2007. Technology conglomerate Royal Philips Electronics NV reported Monday that its fourth-quarter net Philips' Chief Executive Gerard Kleisterlee reacts at the start of a press conference in Amsterdam, Netherlands, Monday Jan. 22, 2007. Technology conglomerate Royal Philips Electronics NV reported Monday that its fourth-quarter net](https://c8.alamy.com/comp/2PC378J/philips-chief-executive-gerard-kleisterlee-waits-at-the-start-of-a-press-conference-in-amsterdam-netherlands-monday-jan-22-2007-technology-conglomerate-royal-philips-electronics-nv-reported-monday-that-its-fourth-quarter-net-profit-more-than-doubled-due-to-one-time-gains-and-lower-tax-costs-even-as-sales-slipped-due-to-weakness-at-its-consumer-electronics-division-ap-photopeter-dejong-2PC378J.jpg)
Philips' Chief Executive Gerard Kleisterlee reacts at the start of a press conference in Amsterdam, Netherlands, Monday Jan. 22, 2007. Technology conglomerate Royal Philips Electronics NV reported Monday that its fourth-quarter net
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![Philips' Chief Executive Gerard Kleisterlee reacts at the start of a press conference in Amsterdam, Netherlands, Monday Jan. 22, 2007. Technology conglomerate Royal Philips Electronics NV reported Monday that its fourth-quarter net Philips' Chief Executive Gerard Kleisterlee reacts at the start of a press conference in Amsterdam, Netherlands, Monday Jan. 22, 2007. Technology conglomerate Royal Philips Electronics NV reported Monday that its fourth-quarter net](https://c8.alamy.com/comp/2PC375M/philips-chief-executive-gerard-kleisterlee-reacts-at-the-start-of-a-press-conference-in-amsterdam-netherlands-monday-jan-22-2007-technology-conglomerate-royal-philips-electronics-nv-reported-monday-that-its-fourth-quarter-net-profit-more-than-doubled-due-to-one-time-gains-and-lower-tax-costs-even-as-sales-slipped-due-to-weakness-at-its-consumer-electronics-division-ap-photopeter-dejong-2PC375M.jpg)