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Siemens extends appointment of CEO Joe Kaeser

"We've accomplished a great deal together over the past four years. Vision 2020 has given Siemens a clear direction, and we've significantly increased our company's value," said CEO Joe Kaeser. "But we still have a long way to go. Together with our global leadership team, we at Siemens want to shape the digital transformation of industry and ensure that our company is well prepared for the next generation."
Implementation of the Vision 2020 strategic realignment was initiated at the start of the fiscal year that began on October 1, 2014. The core elements are the alignment of the company with the growth fields of electrification, automation and digitalization, the sharpening of the focus of the company's portfolio and the implementation of concrete, sustainable measures for enhancing its functional efficiency.

This press release and additional material are available at www.siemens.com/conferencecall

For this press release

Joe Kaeser, President and CEO

Joe Kaeser, President and CEO

Joe Kaeser

President and CEO
Event: Third Quarter Results FY 2017

Event: Third Quarter Results FY 2017

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
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Contact

Robin Zimmermann

Siemens AG

Werner-von-Siemens-Straße 1
80333 Munich
Germany

+49 (89) 636-22804

Philipp Encz

Siemens AG

Werner-von-Siemens-Straße 1
80333 Munich
Germany

+49 (89) 636-32934