Siemens Extends CEO Roland Busch's Contract for Another Five Years

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Siemens Extends CEO Roland Busch's Contract for Another Five Years
SiemensCEORoland Busch
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Siemens has extended the contract of Chief Executive Roland Busch for another five years, effective from April 2025. Busch has led Siemens since 2021 and has successfully transformed the company into a technology-focused organization.

First-ever speedcubing competition in P.E.I. draws large crowd | SaltWire #rubikscube #charlottetownZURICH - Siemens has extended the contract of Chief Executive Roland Busch for another five years, the German engineering and technology group said on Tuesday.

The 59-year-old German, who succeeded Joe Kaeser, led Siemens to its highest net profit to date in 2023 of 8.5 billion euros as it worked through an order backlog built up during the pandemic and its aftermath.The board said the decision to extend Busch's contract showed its support for his strategy of transforming Siemens into a technology company.

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