Busch to Lead Siemens for Five More Years

The Supervisory Board of Siemens confirmed a five-year contract extension for President and CEO Roland Busch from April 1, 2025. The move is a mark of support for the strategy of Siemens as a leading technology company, with the current Managing Board driving three years of record financial performance and the further strategic development of the company. Additionally, it was announced that the Supervisory Board plans to extend the contract of Cedrik Neike, member of the Managing Board of Siemens 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.

“Over the last three and a half years, Siemens has achieved remarkable success as a leading technology company. We have delivered a 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. “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.”