Philips, looking to boost health biz, lures Airbus exec Botti

Royal Philips (NYSE:PHG) said today that it named former Airbus (EPA:AIR) executive Jean Botti as chief innovation & strategy officer, effective April 1, in a bid to grow its healthtech division.

Botti, who’s slated to start at the Dutch conglomerate April 1, succeeds Jim Andrew, who stepped down for personal reasons last year, Philips said. Botti has been chief technical officer at Airbus since 2006, following stints at Renault (EPA:RNO) and General Motors (NYSE:GM).

“I am very pleased that Jean Botti has decided to join Philips on our journey to extending our leadership in health technology, capitalizing on opportunities arising from the consumerization and industrialization of healthcare to transform the delivery of care,” CEO Frans van Houten said in prepared remarks. “Jean has had a remarkable and distinguished career and his achievements at Airbus are impressive, ranging from his ability to continually improve the company’s innovation capabilities and building intelligent systems, to embedding quality across the company’s value chain. His track record in driving innovation and change in high-tech industries will prove extremely valuable for Philips.”

“I am excited to join a company that has made it its mission to improve the lives of billions of people every year globally and that has such a strong track record in innovation, advanced technologies and design capabilities,” Botti added. “I am convinced that my experience in the automotive and aviation industries in terms of digital transformation and process optimization will support Philips’ ambitions to drive the personalization and industrialization of care.”

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