Siemens AG (Munich, Germany; www.siemens.com) Managing Board member Lisa Davis has been appointed Chair and CEO of Siemens Corp., USA, effective January 1, 2017. The current CEO, Eric Spiegel (59), will leave the company, effective the same date. The appointment of Managing Board member Davis to head this Regional Company underscores the importance of the U.S., which is Siemens’ single largest market by revenue. All other responsibilities within the Managing Board remain unchanged.
Siemens has also appointed Cedrik Neike and Michael Sen to its Managing Board. The company is also reorganizing responsibilities within the board.
Cedrik Neike is currently a manager at U.S. technology provider Cisco, was appointed to the Managing Board of Siemens AG, effective April 1, 2017. In this position, Neike will be responsible for the Region Asia / Australia and the Energy Management Division. The IT expert will enable Siemens to further strengthen digitalization expertise within the Managing Board. Michael Sen, a former Siemens manager and the current Chief Financial Officer of E.ON SE, has also been appointed to the Managing Board of Siemens AG, effective April 1, 2017. In this position, he will be responsible for Siemens Healthcare. He will also assume responsibility for Global Services (GS) from CFO Ralf P. Thomas (55).
Managing Board member Roland Busch, who is currently responsible for the Energy Management Division and the Region Asia / Australia, has been appointed Chief Technology Officer (CTO), effective December 1, 2016. In this capacity, he will head Corporate Technology (CT), Siemens’ central research and development unit. Busch will also be responsible for Corporate Development (CD) and for the Venturing Unit next47. Effective April 1, 2017, he will have regional responsibility for the Middle East and for the Commonwealth of Independent States (CIS). Busch will continue to be responsible for the Mobility Division and the Building Technologies Division. In September 2016, the current CTO and Managing Board member Siegfried Russwurm (53) and the Supervisory Board of Siemens AG mutually agreed not to extend Russwurm’s contract, which will expire at the end of March 2017.