The current Co-CEO of SAP, Jim Hagemann Snabe (47), is to be appointed member of the Supervisory Board by court order on application by the company as successor to Josef Ackermann (65), who is leaving the Siemens Supervisory Board at his own request on September 30, 2013. This was decided by the Siemens Supervisory Board at its meeting today. "In view of the growing strategic importance of digitalization for Siemens' core businesses, we are adding to the technology and software competence of the Supervisory Board with the appointment of Jim Hagemann Snabe. We are gaining an internationally respected expert in this area. I am looking forward to working with him," said Gerhard Cromme, Chairman of the Supervisory Board of Siemens AG.
- Siemens again awarded top ranking in Dow Jones Sustainability Index
- No. 1 and thus the most sustainable company across seven industries
Siemens has been named the most sustainable capital goods company in the Dow Jones Sustainability Index (DJSI), an internationally renowned sustainability ranking published by an association of investors. The company's top position underscores its uncontested leadership in sustainability across seven industries. Siemens also received this honor last year – the highest that a company can achieve in the DJSI.
- Europeans@Siemens in second year with 31 participants
- Siemens currently training about 1,000 young people in European countries outside Germany
- Training locations include the UK, Spain and Hungary
Around 2,200 young people will be starting their professional careers at about 40 Siemens locations Germany-wide at the beginning of the new training year. Once again, the new trainees will include 31 participants in the Europeans@Siemens program. Hailing from 12 EU countries – including Spain, Greece, Poland and the UK – the 31 career-starters will train in Berlin and return to their native countries upon graduation. Europeans@Siemens was launched as a pilot project in 2012. "The first year was a complete success – for the young people and for Siemens. That's why we're eager to continue the program," said Brigitte Ederer, Siemens' Chief Human Resources Officer and Labor Director. "Training at Siemens is increasingly international in orientation," she added. "We've run training programs in many countries for years. They're helping us build the next generation of qualified employees while making a small contribution to the fight against youth unemployment."
We released our third quarter results for fiscal 2013 on July 31, 2013. The press conference was broadcast live on the internet.
Joe Kaeser (56), Chief Financial Officer (CFO) of Siemens AG since 2006, was designated the new President and CEO of Siemens AG, effective August 1, 2013. A new CFO will be appointed very shortly. The current CEO Peter Löscher will resign his position at the end of the day today and leave the Managing Board of Siemens AG by mutual consent. These changes were unanimously approved by the Supervisory Board of Siemens AG at its meeting today. Siemens held a press conference to announce the appointment of Joe Kaeser as the new CEO of Siemens AG and the publication of our financial figures for the third quarter of fiscal year 2013 on July 31, 2013 at 2:30 PM CEST.
At its meeting today, the Supervisory Board of Siemens AG approved the establishment of a compensation committee. Regulatory and legal requirements and the importance of compensation-related topics in the company's dialogue with society were the backdrop for this step.
- Orders in the third quarter climb 19 percent
- Order backlog reaches a new high of €102 billion
- Revenue down two percent
- Total Sectors Profit declines due to charges for Siemens 2014
- Net income rises to €1.1 billion
In the third quarter of fiscal 2013, Siemens made progress in strengthening its core business activities. Orders rose considerably on a major contract win. Total Sectors Profit declined due to charges related to the implementation of the Siemens 2014 program. Revenue declined slightly owing to a weak market environment.
- Joe Kaeser designated new President and CEO
- Peter Löscher resigns position by mutual consent
Joe Kaeser (56), Chief Financial Officer (CFO) of Siemens AG since 2006, has been designated the new President and CEO of Siemens AG, effective August 1, 2013. A new CFO will be appointed very shortly. The current CEO Peter Löscher will resign his position at the end of the day today and leave the Managing Board of Siemens AG by mutual consent. These changes were unanimously approved by the Supervisory Board of Siemens AG at its meeting today.
Today I offered premature termination of my employment contract, which runs until 2017, to the Supervisory Board of Siemens AG.