31.07.2013 11:45:42

Siemens Names Joe Kaeser CEO, Effective Aug. 1 - Quick Facts

(RTTNews) - German industrial conglomerate Siemens AG (SI) announced that its Chief Financial Officer, Joe Kaeser, is appointed as the company's new president and chief executive, with effect from August 1, 2013; while the present Chief Executive, Peter Loescher, resigns and leaves the board by mutual agreement.

The Siemens Supervisory Board has unanimously decided to designate Joe Kaeser as new chief executive and has accepted Loescher's resignation. The new CFO would be named in due course.

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