Siemens Chairman Jim Hagemann Snabe extends term to aid tech development, CEO Roland Busch's contract extended by 5 years.

Siemens Chairman Jim Hagemann Snabe is willing to extend his term on the Supervisory Board beyond 2025 to help accelerate the company's tech development. CEO Roland Busch's contract has been extended by five years, effective from April 2025, as the company aims to increase software and digital business sales to 20% in the long term.

April 09, 2024
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