Siemens AG

Munich, 2017-Apr-03

  • Supervisory Board of Siemens Healthineers extends contracts of three top managers Bernd Montag, Thomas Rathmann and Michael Reitermann
  • Positions extended for five years as of April 1, 2017
  • Move ensures Executive Management's long-term continuity and stability

The Supervisory Board of Siemens Healthineers has extended the contracts of the company's three top managers Bernd Montag, Thomas Rathmann and Michael Reitermann for five years, effective April 1, 2017. The move ensures Healthineers' successor planning over the long term and will enable the company's management team to further drive the business's successful setup.

'By extending the contracts ahead of schedule, the Supervisory Board of Siemens Healthineers has sent a clear signal,' said Joe Kaeser, President and CEO of Siemens AG. 'We welcome this decision. Bernd Montag and his colleagues have set the course for success in healthcare technology. The goal now is to expand Healthineers' outstanding position on the global market and further strengthen its business.'

Further information regarding Siemens Healthineers is available at

https://www.healthcare.siemens.com.

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Reference Number: PR2017040258COEN

Siemens AG published this content on 03 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 April 2017 09:11:09 UTC.

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