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Michael Peter to be Siemens Mobility’s sole CEO 

“We deeply regret that Sabrina Soussan is leaving us. At the same time, we understand her decision. We thank Ms. Soussan for her outstanding achievements at Siemens and wish her every success in her new role,” said Roland Busch, member of the Managing Board and Deputy CEO of Siemens AG, where he is responsible, among other things, for Siemens Mobility.
“With Michael Peter as CEO, Siemens Mobility has a recognized expert for transportation, automation and digitalization at its helm. Together with Sabrina Soussan, he has very successfully developed our mobility business and has further improved its performance. For customers and employees, he stands for continuity in the top management of this successful area of business,” continued Roland Busch.
In addition to being responsible for rail automation and road-traffic management systems, Michael Peter heads the turnkey solutions and rail electrification businesses. He will now also head the functions in the rolling stock area and customers services that Sabrina Soussan has been responsible for until now. Peter earned a degree in electrical engineering at Technische Universität Braunschweig (Germany) and Universidad Politécnica de Madrid (Spain). For the past 25 years, he has served in various capacities at Siemens in countries including Germany, Spain, Thailand and the U.S.
Soussan has been working at Siemens for more than 20 years in a variety of positions in Germany, France, Japan, the UK and Switzerland. As Head of the Mobility Division, she was also responsible for the Mainline Transport and Urban Transport Business Units – the businesses with high-speed trains, commuter and regional trains, locomotives, metro systems, and tram and light rail systems as well as service. She holds a university degree in mechanical and aeronautical engineering and an MBA from universities in Poitiers (France) and Dublin (Ireland).
Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 160 years, Siemens Mobility is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems, intelligent traffic systems as well as related services. With digitalization, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2019, which ended on September 30, 2019, the former Siemens Mobility Division posted revenue of €8.9 billion and had around 36,800 employees worldwide.

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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed companies Siemens Energy, the global energy business of Siemens, and Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the energy systems of today and tomorrow as well as the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy (as part of Siemens Energy), Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2019, which ended on September 30, 2019, Siemens generated revenue of €86.8 billion and net income of €5.6 billion. At the end of September 2019, the company had around 385,000 employees worldwide. Further information is available on the Internet www.siemens.com.
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