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Press Release24 September 2025Siemens AGMunich
Siemens Mobility announces changes to Managing Board
Michael Peter, CEO and Managing Director of Siemens Mobility
Beatrice Bock, new CFO and Managing Director of Siemens Mobility
Karl Blaim will
leave Siemens Mobility as of November 30, 2025, at his own request to pursue
new professional challenges. Beatrice Bock will succeed him as CFO and Managing
Director of Siemens Mobility. She is currently Chief Risk Officer for the
Equity Finance Business Unit at Siemens Financial Services GmbH.
“By bringing
Beatrice Bock on board, we are appointing a highly qualified leader from within
our own ranks to take on these substantial responsibilities. Her extensive
experience in financial strategy and risk management is invaluable,
particularly in such a challenging economic environment. Together with Michael
Peter, an outstanding CEO in the mobility business, she will continue Siemens
Mobility’s ongoing strategic development and will further strengthen our position
as a technology leader in the transportation industry,” said Roland Busch,
President and CEO of Siemens AG and Chairman of the Supervisory Board of Siemens
Mobility. “On behalf of the Managing Board of Siemens AG, I would like to
thank Karl Blaim for 40 years of service to Siemens, including many years in
senior leadership roles at Siemens Mobility. With his personal commitment, he has
contributed to the success of Siemens Mobility and has given our transportation
business direction in difficult times.”
“Karl Blaim has
been instrumental in driving the successful further development of Siemens
Mobility. After our carve-out, he shaped the strategic realignment and successfully
steered the business onto a profitable growth trajectory,” said Michael Peter, CEO
and Managing Director of Siemens Mobility. “At the same time, my heartfelt
congratulations go to Beatrice Bock on her new role as CFO and Managing
Director. I’m looking forward to working together with her, and I’m convinced
that her experience and expertise will enable Siemens Mobility to continue to
develop successfully as a company.”
“It’s a great joy for me to take on responsibility for Siemens Mobility
as CFO and Managing Director. This multifaceted and dynamic field of business
is characterized by important infrastructure projects that are making rail
transportation sustainable for future generations. A special thank you goes to Roland Busch
and to the entire Siemens Managing Board for the trust they’ve placed in me. I’m looking forward to beginning Siemens Mobility’s next chapter
together with Michael Peter,” said Beatrice Bock, future CFO and Managing
Director of Siemens Mobility.
Beatrice Bock started her career at Siemens in corporate
finance in 2010. After holding various roles at Siemens Mobility and Siemens
Energy, she joined Siemens Financial Services’ Equity Finance Business Unit in
2022, where she first served as Chief Financial Officer and has been Chief Risk
Officer since 2024. She holds a Master of Science in Energy, Trade and Finance
from Bayes Business School.
“My 18 years
as CFO of Siemens Mobility have been an enriching time. Leading the company
through growth and transformation has been a privilege. With a strong team in
place, now is the right moment for a leadership change to make room for new
energy. Personally, I look forward to taking on further challenges and opening
a new professional chapter,” said Karl Blaim regarding his decision.
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Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.
In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.