Siemens is setting the course for establishing the next generation of management. To this end, the Supervisory Board of Siemens AG has made pivotal personnel decisions at an extraordinary meeting.
- Joe Kaeser is not pursuing a further contract extension as President and CEO of Siemens AG and is to be proposed as Chairman of the Supervisory Board of Siemens Energy.
- Roland Busch has been named President and CEO of Siemens AG and is receiving a new contract for an additional five years. He is already to assume overarching responsibility for the Operating Companies Digital Industries, Smart Infrastructure and Mobility as of April 1, 2020.
- Christian Bruch, EVP at Linde plc, to become new CEO of the Gas and Power Operating Company and designated CEO of Siemens Energy.
- Maria Ferraro, CFO of the Digital Industries Operating Company, to become new CFO of Gas and Power and designated CFO of Siemens Energy.
- Michael Sen and Klaus Patzak to leave the company by mutual agreement.
- Spinoff and public listing of Siemens Energy at end of September 2020 being pursued on schedule and without change.
Siemens is setting the course for establishing the next generation of management. To this end, the Supervisory Board of Siemens AG has made pivotal personnel decisions at an extraordinary meeting today. Siemens President and CEO Joe Kaeser (62) has informed the Supervisory Board of Siemens AG that he will not be pursuing an extension of his contract. He will be proposed as Chairman of the Supervisory Board of Siemens Energy. The Supervisory Board has appointed Roland Busch (55), who is currently Deputy CEO, to be President and CEO of Siemens AG. At the latest, this appointment is to be effective at the end of the next ordinary Annual Shareholders’ meeting, which is to take place on February 3, 2021. He is receiving a new contract for five years, effective April 1, 2020. In this connection, he will already be responsible for the planning and implementation of the budget for fiscal 2021 and will be assuming all relevant responsibilities within the Managing Board. In addition to his current duties, Roland Busch will – effective April 1, 2020 – also already be responsible for the overarching integration and management of the businesses of the future Siemens AG (Smart Infrastructure, Digital Industries and Mobility) within the Siemens Managing Board.
- Successor to Robin Zimmermann, new Head of Communications at Siemens Energy
- Overall responsibility for global media relations and coordination of Managing Board communications
- Many years of international communications experience and extensive media network
Florian Martens (42) has been appointed the new Head of Global Media Relations and Executive Communications at Siemens AG, effective June 15, 2020. He succeeds Robin Zimmermann (49), who is now the Head of Communications at Siemens Energy. In addition to global media relations, Martens will be responsible for coordinating the Managing Board’s executive communications.
- Integration of cutting-edge technologies into the Digital Enterprise portfolio enables flexible and intelligent production
With its Digital Enterprise, Siemens is taking the next step of the digital transformation – on the way to highly flexible modular production. Siemens presents numerous innovations for the discrete and process industries as well as for energy and building infrastructure. The integration of cutting-edge technologies such as edge and cloud computing, artificial intelligence or additive manufacturing into the portfolio offers users new opportunities to achieve more flexible and intelligent production. Communicative networking through Industrial 5G plays a key role.
In an era of consumer-oriented production and economic uncertainty, industrial companies are constantly facing new challenges. We're integrating cutting-edge technologies like artificial intelligence, Edge and Cloud computing, and Industrial 5G into the Digital Enterprise. This is how we're enabling the intelligence that’s required for the production of customized products. On Wednesday, March 4, the CEOs of Digital Industries presented technological innovations as well as current product highlights. They showed numerous specific examples to demonstrate how companies need to think and act in ecosystems in order to implement Industrie 4.0. We also demonstrated how we’re combining the latest technologies with our domain expertise to make our solutions for the digital transformation more and more market-specific.
- Delyana Lazarova triumphs against almost 290 competitors
from 55 countries to become assistant of
Sir Mark Elder CH CBE
- Lazarova wins GBP 15,000 prize money and the
post of future Director of the Hallé Youth Orchestra
conductor Delyana Lazarova (34) is the winner of the
first Siemens Hallé International Conductors Competition held in Manchester,
U.K. She impressed the jury with her performance of The Force of Destiny by Verdi. A total of 287 conductors from 55 countries
applied to take part in the international competition which was held this year
for the first time. The ten best contenders were shortlisted, and four
candidates then competed in the final last Saturday. They had to conduct the
Hallé Orchestra and perform three different pieces by composers like Brahms, Dvorak
or Britten in front of an international audience.
- Siemens issues bonds with a
value of €4 billion and £850 million
- Demand more than double
Siemens has issued bonds
with a total value of about €5 billion, around €1 billion (£850 million)
of which have been issued in pound sterling. The transaction closed today. The
proceeds of the issuance will be used for general corporate purposes including the refinancing
of upcoming maturities. Investor
demand was high. At more than €10 billion, demand was more than double the
- Young conductors competition sponsored
by Siemens Arts Program and Hallé Orchestra of Manchester (UK) to run until
- Shortlist includes ten outstanding
talents from nine countries
- Winner to receive two-year
engagement and cash prize of £15,000
- Conducting per avatar as digital component used for
Ten outstanding young conductors have been selected for the shortlist in
the Siemens Hallé International Conductors Competition. A total of 287
musicians from 55 countries entered the competition, which is a collaboration
between the Siemens Arts Program and the Hallé Orchestra of Manchester (UK). The ten
shortlisted conductors, comprising three women and seven men, come from nine
different countries. An overview of the semifinalists is available at the end
of this press release.
At the Munich Security Conference 2018, Siemens and eight partners from industry signed the first joint charter for greater cybersecurity. Initiated by Siemens, the Charter of Trust calls for binding rules and standards to build trust in cybersecurity and further advance digitalization. Since 2018, the Charter of Trust has grown to 16 members. In addition to Siemens and the Munich Security Conference, the signatories include AES, Airbus, Allianz, Atos, Cisco, Daimler, Dell Technologies, Deutsche Telekom, IBM, NXP, SGS, Total and TÜV Süd.
In addition, the German Federal Office for Information Security, the CCN National Cryptologic Center of Spain and the Graz University of Technology in Austria have joined the charter as associate members. On February 19, 2019, Mitsubishi Heavy Industries (MHI) signed a letter of intent to join the Charter of Trust for cybersecurity in Tokyo, expanding the Charter’s reach into Asia. The company’s membership is expected to be finalized by the end of September 2019. MHI will be the first Asian company to join the global cybersecurity initiative.