Todd Weatherby
(58) has been appointed as Chief Executive Officer Siemens Advanta, leading the
professional services and consultancy business as of March 1, 2024. Todd has
held leadership roles in product management, business development and sales
with several technology companies including Oracle, Microsoft and Amazon. He
launched Amazon Web Services ProServe and led its impressive growth for a
decade from 2012.
Cedrik Neike, CEO Siemens Digital Industries
and the Member of the Managing Board responsible for Siemens Advanta, said;
“Todd has deep expertise in the professional services space within the tech
sector. As an experienced leader, he will support the continued growth of
Siemens Advanta. We welcome him to Siemens and look forward to supporting him
as he works to help our customers leverage the power of technology.”
- Atlantia S.p.A. finalizes the
acquisition of Yunex Traffic from Siemens Mobility for €950 million
Siemens Mobility has successfully
completed the sale of Yunex Traffic to Atlantia S.p.A. for €950 million. In
January 2022, Siemens had announced the contract signing to sell the Intelligent Road Infrastructure and Traffic Solutions
Business to Atlantia S.p.A. Following the required
approvals by the relevant authorities, the transaction has closed as of
June 30, 2022.
- On March 8, 1899, Siemens shares
were traded for the first time on the Berlin Stock Exchange
- As a result, Siemens is one of the
oldest continuously listed companies in German stock-exchange history
- Progressive internationalization of
shareholder structure
- One of
the world’s largest employee share programs
Today, Siemens is celebrating its 125th year on the stock exchange. On
March 8, 1899, Siemens shares were traded for the first time on the
floor of the Berlin Stock Exchange. As a result, Siemens is one of the oldest
continuously listed companies in Germany’s stock-exchange history. One hundred
and twenty-five years later, Siemens remains a leading technology company in
the fields of industry, infrastructure, transport, and healthcare and is one of
the top 100 most valuable companies in the world.
- Partnership
of Siemens Mobility, Tyczka Hydrogen and Smart Train Lease will pave the way
for a successful transformation of railways towards hydrogen mobility
- Customers
to be offered hydrogen trains plus the full hydrogen supply chain including
services
Hydrogen is
one of the main technologies to decarbonize the railway sector by switching
from fossil diesel to renewable fuels in particular on routes, which are hard
to electrify. From the train operator perspective an integrated approach towards
a fossil-free mobility does not only require hydrogen-powered trains and
corresponding maintenance services but also needs to cover the entire supply chain
for green hydrogen fuel. In April 2024 Siemens Mobility and Tyczka Hydrogen have
signed a Letter of Intent (LoI) establishing a cooperation in order to
accelerate the transformation
towards hydrogen powered railway mobility. Both companies have agreed to work
together towards solutions across the full supply chain including hydrogen
production, storage, distribution and refueling as well as delivery and
maintenance of fuel cell trains. Additionally, Smart Train
Lease, a subsidiary of Siemens Mobility, offers hydrogen trains for rent.
- France’s Derichebourg Multiservices installs 1,200 smart sensors from Siemens company Enlighted, to control HQ’s energy consumption
- Sensors are installed directly in the ceiling lights
- Data from the sensors has the potential to optimize building management, facility management and visitor experience
Derichebourg Multiservices, a provider of facility services for
companies and municipalities, has equipped its new headquarters in Créteil near
Paris with IoT solutions from Siemens subsidiary Enlighted. Enlighted’s smart
sensors are integrated directly into the LED lights in the new office space,
enabling Derichebourg Multiservices
to make significant energy savings to meet its own environmental goals, and
comply with government regulations requiring companies in France to achieve 40
percent energy savings by 2030.
- DB Regio trains speed at 190 kilometers per hour between Bavaria and Thuringia
- Higher capacity, better service, new travel options to the north and south
Germany’s fastest regional train between
Bavaria and Thuringia is set to go. The new Franconia-Thuringia Express (FTX)
operated by Deutsche Bahn (DB) is inaugurating service on the Nuremberg-Erfurt
high-speed line on June 9, with the scheduled so-called small timetable change.
The modern Siemens trains, ordered by the Free States of Bavaria and Thuringia,
will run at a top speed of up to 190 kilometers per hour. To date, only
long-distance trains have operated on the northern section of the VDE 8.1, the
designation for this new and upgraded line.
- Progressive dividend policy with €0.45 increase over prior year
- High approval rates for all agenda items
At the Siemens AG Annual Shareholders’ Meeting that was held today, the shareholders decided by a large majority of 99.91 percent to approve
the Managing and Supervisory Boards’ proposal that a dividend of €4.70 per
share be distributed for fiscal 2023. As a result, Siemens has raised the
dividend €0.45 compared to the prior year and has continued to pursue its
progressive dividend policy in an impressive manner. In addition, the Annual
Shareholders’ Meeting voted by large majorities to ratify the acts of the
members of the Managing and Supervisory Boards for fiscal 2023. The number of
people following the Annual Shareholders’ Meeting worldwide peaked at more than 4,395. Around 147 questions were asked during
this year’s event, and about 64.38 percent
of the voting stock was represented.
In the
context of regular assessments at the end of the second quarter of fiscal 2023,
Siemens AG announces an impairment reversal of its investment in Siemens Energy
AG (SE) which will increase the investment book value. Siemens Energy AG's
Xetra closing share price of €20.24 on March 31, 2023, is significantly higher
than the closing share price of €13.99 on June 30, 2022, when Siemens reported
an impairment of the Siemens Energy AG investment. This results in an
impairment reversal, at the end of second quarter of fiscal 2023 ending today,
with a non-cash income effect after tax of €1.59 billion not part of the
outlook for the current fiscal year. Financial results for the second quarter are scheduled to be published
on May 17, 2023.
- Annual Shareholders’ Meeting to be
held on February 8, 2024
- Main
content of speeches to be given by Supervisory Board Chairman Jim Hagemann Snabe
as well as President and CEO Roland Busch are expected to be published by no
later than January 31, 2024
- Supervisory Board and Managing Board propose increasing dividend to €4.70 (fiscal
2022: €4.25)
- PwC is being proposed to 2024 Annual
Shareholders’ Meeting as new independent auditors for fiscal 2024
Siemens AG has
published its Notice of Annual
Shareholders’ Meeting, along with the agenda of this meeting, which is to be
held on February 8, 2024. Based on an authorization approved by a large
majority at Siemens’ 2023 Annual Shareholders’ Meeting, the Annual
Shareholders’ Meeting will again be held in a virtual format.
- New Fire Safety Digital Services enable businesses to move from reactive to proactive fire safety
- First-in-market cloud-based portfolio goes beyond compliance, for total protection through intelligent safety
- Combines on-site and above-site services for automatic data capture, analysis and disturbance-free testing
Siemens has launched Fire Safety Digital
Services, a first-in-market portfolio of digital and managed services which
connects fire safety systems to the cloud, enabling businesses to move from a reactive,
compliance-led approach to total protection through intelligent safety. By
embracing digital services in operation, event-handling and maintenance,
customers can improve hazard identification and prevention, make better
risk-control decisions, protect business continuity, and provide a safe
environment for people and assets.