SIEMENS EXPANDS MANAGEMENT BOARD AS FOCUS SHIFTS TO AI

Siemens' supervisory board aims to speed up the transition to a technology-focused enterprise by expanding its management board to seven members from five, the company said on Wednesday.

Peter Koerte, head of strategy and technology, and Veronika Bienert, head of Siemens Financial Services, will join the management board on Oct. 1, the Munich-based firm said. Supervisory Board Chairman Jim Hagemann Snabe will run for reelection for a two-year term at the annual general meeting in February.

Learn More