We all know the name and brand. The company which was started as a family business in 1891 by Gerard and his Father Frederik Philips, who owned a cigar shop and was a first cousin of Karl Marx.
Gerard and his younger brother Anton Philips changed the business to a corporation by founding in 1912 the NV Philips’ Gloeilampenfabrieken. As the first CEO of the Philips corporation, Gerard laid with Anton the base for the later Philips multinational.
Hang on I hear you say this is not forgotten history, these are well known and documented facts(except for the Karl Marx link). And you would be right but the title is ‘Forgotten History-Frits Philips’
Frederik Jacques “Frits” Philips (16 April 1905 – 5 December 2005) was the fourth chairman of the board of directors of the Dutch electronics company Philips, which his uncle and father founded. For his actions in saving…
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History of Sorts 