By extending Neike's contract, the Supervisory Board is
pointing the way to the future. "Cedrik Neike and his management team have
put our new Smart Infrastructure Operating Company on track for success.
Together with Digital Industries (DI), SI will form part of the industrial core
of the future Siemens. Cedrik Neike and his team can now implement their clear
plan to increase growth and profit," said Jim Hagemann Snabe, Chairman of
the Siemens Supervisory Board.
The Supervisory Board also expressed its thanks to Janina
Kugel for her more than four years of successful and trailblazing work in human
resources and her total of 17 years of service to the company. "Leveraging
her long years of experience, her expertise and the power of her personality,
Janina Kugel has played a key role in our success. For years, Siemens has been
one of the world's most attractive employers. Ms. Kugel is a passionate fighter
for greater diversity, life-long learning and a modern company culture in a
radically changing working world," added Snabe. The Supervisory Board and
the Managing Board wish Janina Kugel every success after her Siemens
appointment ends in early 2020.
As planned, the Supervisory Board will decide on the next
steps in the second half of 2019. These steps will include the assignment of
the CHRO responsibilities. "We're pursuing a clear path to realign
Siemens. Last year, with Vision 2020+, we took the first step in setting the
strategic course for the future of Siemens. In May, we defined the future
structure, whereby Siemens will focus on its industrial core, comprising SI,
DI, Mobility, and Healthcare, and on creating a strong energy company. We'll
now take the next step – calmly and carefully – and define the management team
for the two new Siemens companies," said Snabe.