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Sigmund appointed to the Siemens Supervisory Board
Michael Sigmund (56) was appointed, at the request of the Managing Board of Siemens AG, to the Supervisory Board by the District Court of Charlottenburg (Berlin) as the new representative of the Executive Employees. The appointment takes effect on March 1, 2014. Michael Sigmund succeeds Rainer Sieg (65), whose employment with Siemens will be terminated on February 28, 2014 upon his reaching retirement age and he accordingly stepped down from the Supervisory Board. "We thank Rainer Sieg for his many years of constructive and trusting work on the Supervisory Board. In the name of the full Supervisory Board, I welcome Mr. Sigmund and look forward to our work together," said Gerhard Cromme, Chairman of the Siemens Supervisory Board.
Michael Sigmund (56) was appointed, at the request of the Managing Board of Siemens AG, to the Supervisory Board by the District Court of Charlottenburg (Berlin) as the new representative of the Executive Employees. The appointment takes effect on March 1, 2014. Michael Sigmund succeeds Rainer Sieg (65), whose employment with Siemens will be terminated on February 28, 2014 upon his reaching retirement age and he accordingly stepped down from the Supervisory Board. "We thank Rainer Sieg for his many years of constructive and trusting work on the Supervisory Board. In the name of the full Supervisory Board, I welcome Mr. Sigmund and look forward to our work together," said Gerhard Cromme, Chairman of the Siemens Supervisory Board.
Michael Sigmund is Head of Communications at the Siemens Healthcare Sector. The body of Executive Employees names a representative on the Siemens Supervisory Board. This individual is one of the ten employee representatives on the 20-member Supervisory Board.
Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is one of the world's largest providers of environmental technologies. Around 43 percent of its total revenue stems from green products and solutions. In fiscal 2013, which ended on September 30, 2013, revenue from continuing operations totaled €75.9 billion and income from continuing operations €4.2 billion. At the end of September 2013, Siemens had around 362,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at: http://www.siemens.com.