- Klaus Helmrich to retire at end of March 2021 after 35 years at Siemens
- Cedrik Neike to succeed Helmrich as Managing Board member responsible for Digital Industries, effective October 1, 2020
- Matthias Rebellius to succeed Neike as Managing Board member responsible for Smart Infrastructure, effective the same date
- Effective October 1, 2020, Roland Busch to assume responsibility for fiscal 2021 as previously announced; Joe Kaeser to actively support transition and hand over CEO role to Busch upon completion of Annual Shareholders’ Meeting in 2021
- Succession process now concluded for Siemens AG’s leadership team with new Managing Board set up under leadership of Roland Busch, effective October 1, 2020, to lead next phase of Siemens’ transformation
Klaus Helmrich (62), the Managing Board member responsible for Digital Industries (DI), will retire upon expiration of his contract at the end of March 2021 after 35 years at the company. Cedrik Neike (47), the Managing Board member currently responsible for Smart Infrastructure (SI), will succeed him as of October 1, 2020. Matthias Rebellius (55) – currently SI’s Chief Operating Officer (COO) – has been appointed to the Managing Board and will assume responsibility for this unit.
- Transformational milestone in
execution of Siemens’ Vision 2020+ strategy
- Siemens Healthineers intends to
acquire 100 percent stake in U.S. healthcare company at a purchase price of around
$16.4 billion
- Acquisition to create global leader
in cancer research and therapeutics and support Siemens Healthineers’ equity
story
- Mixed financing through a capital
increase at Siemens Healthineers AG and intra-Group loans to Siemens
Healthineers
- Siemens AG’s stake in Siemens Healthineers
AG to decline to about 72 percent from 85 percent
- Siemens AG to remain long-term
majority shareholder in Siemens Healthineers
- Siemens
AG aims to maintain its current A+ / A1 rating
Siemens AG is
continuing to rigorously execute its Vision 2020+ strategy and therefore
expressly welcomes Siemens Healthineers AG’s acquisition of a 100 percent stake in Varian
Medical Systems, Inc. (NYSE: VAR), a U.S. company active in the area of cancer research and therapy. Payment
of the purchase price of around $16.4 billion is to be enabled by mixed
financing from the issuance of new Siemens Healthineers shares and the issuance
of bonds. The proceeds from the bonds are to be transferred within the Group to
Siemens Healthineers under customary market conditions.
- Siemens’ lightning information service detected about 329,000 lightning strikes in Germany in 2019 – down 26 percent on 2018
- Germany’s “lightning capital” in 2019 was the city of Speyer in Rhineland-Palatinate
- The fewest strikes were recorded in three Bavarian cities: Hof, Bayreuth and Schweinfurt
- Bavaria was the German state with the most lightning activity in 2019, Potsdam was the leader among state capitals
- The most lightning strikes in 2019 were recorded on June 12
- At European level, Trieste and surrounding area tops the ranking in Siemens’ 2019 lightning atlas
The city of Speyer in the state of Rheinland-Palatinate was Germany’s “lightning capital” in 2019. Siemens’ lightning information service BLIDS (which stands for Blitz-Informationsdienst von Siemens) detected just under 3.1 lightning strikes per square kilometer in Speyer in 2019. The cities of Rostock on the Baltic coast and Lübeck in the state of Schleswig-Holstein took second and third places with 2.6 and 2.5 ground flashes per square kilometer, respectively. Germany’s lowest density of lightning strikes was recorded in the Bavarian cities of Hof and Bayreuth, where considerably fewer than 0.1 lightning strikes per square kilometer were recorded. The Bavarian city of Schweinfurt, which was No. 1 in Siemens’ 2018 lightning atlas, was also at the bottom of the list, recording 0.1 lightning strikes per square kilometer in 2019. With lightning striking just under 2.3 times per square kilometer, Potsdam led the country’s list of state capitals in 2019, followed by the neighboring city of Berlin (rounded off: 2.2). Berlin is also the German state registering the highest lightning density, while Bavaria recorded the highest number of measured ground flashes in 2019. Overall, at 329,000, BLIDS recorded its lowest number of lightning strikes, around 26 percent fewer than in 2018.
- Mobile working two to three days a week as worldwide standard
- Managing Board approves new model for working independently of fixed locations
- Model based on transformation of leadership and corporate culture
- Siemens among first large companies to adjust working models permanently
Siemens will establish mobile working as a core component of its “new normal” and will make it a permanent standard, both during the global pandemic and beyond. The company’s Managing Board has now approved implementation of a corresponding model. The aim is to enable employees worldwide to work on a mobile basis for an average of two or three days a week, whenever reasonable and feasible. The coronavirus crisis and social distancing measures have shown that working independently of a fixed location offers many advantages and is possible on a much wider scale than originally thought. Worldwide surveys of Siemens’ employees confirmed their desire for greater flexibility and for personalized solutions when it comes to deciding where they work.
- Together, Industry
leaders Siemens and SAP will deliver integrated end-to-end software solutions across
product lifecycle, supply chain and asset management.
- Partnership leverages expertise and technology of both companies to provide
a true digital thread that helps enterprises eliminate process and information siloes,
drives digitalization and delivers a comprehensive solution for the 4th
industrial revolution (Industry 4.0).
- SAP will offer Siemens Teamcenter
software as the core foundation for product lifecycle collaboration and product
data management.
- Siemens will offer SAP® Intelligent
Asset Management solutions and SAP Project and Portfolio Management applications
to maximize business value for customers over the entire product and service lifecycle and enable new collaborative processes between manufacturers and
operators.
Siemens and SAP today
announced a new partnership that will leverage their industry expertise and bring
together their complementary software solutions for product lifecycle, supply
chain and asset management so their customers can deliver new innovation and collaborative
business models that will accelerate industry transformation globally. Through
this agreement, both SAP and Siemens will be able to complement and integrate
their respective offerings in order to offer customers the first truly integrated
and enhanced solutions for product lifecycle management (PLM), supply chain,
service and asset management. This will enable customers to form a true digital
thread integrating all virtual models and simulations of a product or asset with
real-time business information, feedback and performance data over the entire
lifecycle.
- Responsible for Human Resources and
Global Business Services, effective October 1, 2020
- More than two decades of
international experience in all HR functions and in supporting strategic change
processes
The
Supervisory Board of Siemens AG has appointed Judith Wiese (49) a member of Siemens’
Managing Board, effective October 1, 2020. Ms. Wiese will serve as the company’s
Chief Human Resources Officer and the Labor Director of Siemens AG. In
addition, she is to head Global Business Services (GBS), which provides Siemens
units and external customers with a variety of company services such as
personnel and employee services, invoicing and payment processing, and event
management.
The Extraordinary Shareholders' Meeting of Siemens AG was held on July 9, 2020 as a virtual Shareholders’ Meeting without physical attendance of shareholders or their proxy representatives.
The information contained herein is not for publication or distribution, directly or indirectly, in or into any jurisdiction where to do so would be prohibited by applicable law.
- Spin-off approved by 99.36 percent of capital stock represented
- Capital Market Day for Siemens
Energy planned for September 1, 2020
As expected,
a large majority of Siemens shareholders at today’s Extraordinary Shareholders’
Meeting voted to approve the spin-off of the company’s energy business to Siemens
Energy AG. This step paves the way for the establishment of an independent
company rigorously focused on the energy sector. In the future, Siemens AG will
concentrate on Digital Industries, Smart Infrastructure and Siemens Mobility. In total, 61.94 percent of the capital stock of Siemens AG entitled to vote was represented at
the shareholders’ meeting, which was held as a virtual event due to the coronavirus
crisis. Approval of the Spin-off and Transfer Agreement between Siemens AG and Siemens
Energy AG was the only item on the meeting agenda. The agreement was approved by a
majority of 99.36 percent of
the capital stock represented. The highest number of participants following the
Extraordinary Shareholders’ Meeting online was 3,870.
The information contained
herein is not for publication or distribution, directly or indirectly, in or into
any jurisdiction where to do so would be prohibited by applicable law.
- Extraordinary Shareholders’ Meeting to be held in virtual format
- Siemens AG to spin off 55 percent of Siemens Energy to shareholders
- One Siemens Energy share for every two Siemens shares
- Siemens Energy to start with S&P Global investment-grade rating of “BBB”
- Initial listing of new shares planned for September 28, 2020
Siemens shareholders will vote on the spin-off of Siemens AG’s energy business at an Extraordinary Shareholders’ Meeting today. Due to the restrictions imposed on public events by the coronavirus crisis, the shareholders’ meeting will be held in a virtual-only format – that is, without the shareholders or their proxies being present in person. To ensure complete transparency, a livestream at
www.siemens.com/agm-service will provide shareholders and their proxies with audio and video coverage of the entire event via the Internet. Siemens shareholders had until July 7, 2020, to submit questions electronically. The proposal to approve the Spin-off and Transfer Agreement that Siemens AG and Siemens Energy AG concluded on May 22, 2020, is the only item on the meeting agenda.
- Co-CEO Sabrina Soussan to leave the company at her own request
- Michael Peter stands for strong expertise in digitalization and
connectivity as well as for continuity in Siemens Mobility’s top management
Michael
Peter will be Siemens Mobility’s sole CEO, effective July 10, 2020. Sabrina Soussan,
who has been his Co-CEO until now, will leave the company at her own request to
take on a new challenge outside Siemens AG. Until her contract ends on December
31, 2020, Ms. Soussan will remain available to Siemens Mobility in an
advisory capacity.