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Press Release09 April 2024Siemens AGMunich
Supervisory Board endorses strategic direction and leadership team of Siemens AG and extends the contract of Roland Busch, President and CEO
Additionally, it was announced that the
Supervisory Board plans to extend the contract of Cedrik Neike, member of the
Managing Board of Siemens AG and CEO of Digital Industries, for five years from
June 2025, when his current contract is set to renew.
“Siemens has the right strategy and the
right leadership team to support future growth and success, building on a track
record of outstanding operational execution and technology leadership. Roland
Busch has successfully led a strong team with impressive results. He is driving
the transformation journey of Siemens in a dynamic market environment. Roland
can continue to deliver on his strong aspiration to accelerate digitalization
and sustainability for customers and improve people’s lives through technology
all over the world,” said Jim Hagemann Snabe, Chairman of the Supervisory
Board.
“Cedrik Neike has led the transformation of
Digital Industries: solidifying leadership in industrial automation and
software, while creating strong customer impact and shaping a winning culture
as a role model leader of Siemens’ largest business,” Snabe added.
“Over the last three and a half years,
Siemens has achieved remarkable success as a leading technology company. We
have delivered record performance in exceptional times. Our innovations
are enabling customers to master their digital and sustainability
transformations and we are expanding our partnerships to create even more value
for customers,” said Roland Busch, President and CEO. “I deeply appreciate Team
Siemens for their commitment and dedication. And I am grateful to the
Supervisory Board for their trust in me. It is a privilege to lead this great
company,” Busch added.
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Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at www.siemens.com.