Siemens Energy: CEO reappointed
(CercleFinance.com) - The Supervisory Board of Siemens Energy has extended the contract of Chief Executive Officer Christian Bruch for a further five years until April 2030.
His original term of the contract was until April 2025.
Joe Kaeser, Chairman of the Siemens Energy Supervisory Board said that Christian Bruch and his team have taken the conventional business to new levels with unprecedented commitment and halted the existential decline of the wind business. The first effects of this are already visible, and the planned return of the wind business to breakeven from 2026 will complete one of the biggest restructuring projects in Siemens' history.
Christian Bruch, CEO of Siemens Energy said that his goal remains to continuously increase the profitability and value of Siemens Energy. Above all, this means consistently implementing our priorities: profitable growth, restructuring the wind business and strengthening our balance sheet. '
Copyright (c) 2024 CercleFinance.com. All rights reserved.
His original term of the contract was until April 2025.
Joe Kaeser, Chairman of the Siemens Energy Supervisory Board said that Christian Bruch and his team have taken the conventional business to new levels with unprecedented commitment and halted the existential decline of the wind business. The first effects of this are already visible, and the planned return of the wind business to breakeven from 2026 will complete one of the biggest restructuring projects in Siemens' history.
Christian Bruch, CEO of Siemens Energy said that his goal remains to continuously increase the profitability and value of Siemens Energy. Above all, this means consistently implementing our priorities: profitable growth, restructuring the wind business and strengthening our balance sheet. '
Copyright (c) 2024 CercleFinance.com. All rights reserved.