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Press Release12 November 2025Siemens AGMunich
Supervisory Board of Siemens AG extends Managing Board contracts of Veronika Bienert and Peter Koerte ahead of schedule
As a member of the
Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy
Officer, Dr. Peter Koerte is playing a key role in the implementation of the
ONE Tech Company program – in particular, in the strategic orientation and
development of the AI portfolio. It is of particular importance for the
Supervisory Board to ensure continuity and stability at an early stage in order
to safeguard planning security in a key moment of Siemens’ transformation – a
major step to strengthen the company’s leading position and launch its next growth
phase.
“On behalf of the
entire Supervisory Board I’d like to cordially congratulate Veronika Bienert
and Peter Koerte on the early extension of their contracts,” said Jim Hagemann
Snabe, Chairman of the Supervisory Board of Siemens AG. “In Ms. Bienert,
we’re gaining an experienced, internationally prominent and optimally networked
financial expert to head our important finance portfolio. She combines wide-ranging
financial expertise with extensive entrepreneurial experience in our business
areas and regions. Peter Koerte is playing a key role in the company’s current
transformation – in particular, in the strategic orientation and development of
Siemens’ AI portfolio. At the same time, I’d like to take this opportunity to
thank Ralf Thomas for his extraordinary commitment and his outstanding
services over the last three decades. With his strategic foresight, steady hand
and personal integrity, he’s made a major contribution to our company’s
strength today. I’d particularly like to thank Ralf Thomas also for his
active support in the selection and further development of his successor.”
“Veronika Bienert and
Peter Koerte are admired and respected members of our Managing Board team,” said
Roland Busch, President and CEO of Siemens AG. “Veronika Bienert is an
outstanding financial expert and entrepreneur who knows Siemens in all its
facets. With his strategic vision and extensive technological know-how, Peter
Koerte is decisively driving the implementation of our ONE Tech Company program.
I’d also like to take this opportunity to thank Ralf Thomas for his
extraordinary achievements and many years of trust-based collaboration. Siemens’
development over the past few years and our company’s rock solid financial foundation
bear to a large extent his signature.”
“My appointment as CFO
is for me a very meaningful step and an expression of great trust,” emphasized
Veronika Bienert. “I’m looking forward to continuing Ralf Thomas’s
successful work and, at the same time, bringing in new perspectives so that Siemens
can unlock its full potential as ONE Tech Company across all its businesses and
regions and thus create sustainable value for our company. The application of
digital technologies in our financial function will play a key role in this
respect, and – together with our excellent teams – I’ll vigorously accelerate its
use.”
“I’d like to take
this opportunity to sincerely thank the Supervisory Board for its trust and
support. I’m very much looking forward to decisively driving the implementation
of our ONE Tech Company program in order to achieve stronger customer focus,
faster innovations and higher growth. In particular, I’ll further expand our
technological leadership – especially in the area of industrial AI – and scale our
AI offerings to create even more value for our customers,” said Peter Koerte.
“I am very pleased by
the Supervisory Board’s decision to appoint Veronika Bienert CFO of Siemens
AG,” said Ralf P. Thomas. “It has been my privilege for many years to have supported
her in her successful and wide-ranging development at our company, and I am
firmly convinced that – with her extensive financial expertise and
comprehensive business experience – Veronika Bienert is optimally prepared to
assume this key responsibility at our company. Together, we will ensure a
smooth transfer of the finance function with its extremely efficient and highly
motivated teams. At the same time, I am deeply grateful that I have been
permitted to serve Siemens for a total of more than 30 years and, finally,
as CFO for over a decade. It was – and is – a great honor for me to have been
able to actively help shape the development of this great company.”
Veronika Bienert began
her Siemens career in 1993 with an apprenticeship in business administration
and has subsequently performed a wide range of management tasks in, for
example, Hong Kong, Russia and Germany. In a variety of management, strategy
and finance positions, she has supported the transition of several global
businesses such as Industrial Automation and Mobility. In 2016, she was
appointed CFO of Siemens Financial Services with responsibility for the risk
and finance functions. Since 2021, she has served as CEO of Siemens Financial
Services. In this capacity, she has been responsible for a successful business
model with a reliable return on equity and has positioned the unit as a
strategic enabler for Siemens’ industrial business and as a bridge to partners
in the wider ecosystem. Since October 2024, Veronika Bienert has been a member of Siemens’ Managing Board and CEO of Siemens
Financial Services with responsibility for the services portfolio of
Siemens Real Estate and Global Business Services.
After working in
France, among other places, early in his career, Peter Koerte has held a number
of leadership positions at Siemens and Siemens Healthineers, including an
eight-year stint with Siemens Healthineers in the U.S. He has wide-ranging
experience in the areas of strategy and technology and was appointed Chief Technology
Officer and Chief Strategy Officer in 2020. Since October 2024, Koerte has been
a member of the Managing Board of Siemens AG and Chief Technology Officer
and Chief Strategy Officer with responsibility for Siemens Xcelerator and
Siemens Advanta, Foundational Technologies and Data & Artificial
Intelligence.
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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.