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Siemens Extends CEO Contract by Five Years

By Pierre Bertrand

 

Siemens has extended its contract with Chief Executive Roland Busch for a further five years.

Busch's contract extension is effective as of April 1, 2025, the German industrial company said.

In addition, Siemens said it would also extend by five years the contract for Cedrik Neike, who heads the company's digital industries business, from June 2025.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

April 09, 2024 03:27 ET (07:27 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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