Siemens - Changes in the Managing Board
Successor to Siegfried Russwurm appointed
As part of the implementation of 'Vision 2020', the Siemens Group is restructuring its Managing Board. Among other things, Roland Busch was appointed as the new CTO and successor to Siegfried Russwurm on December 1.
Company Connectory
Topics and products in this article
- Personnel in the industry
- Siemens AG Erlangen
- Memory program control (PLC)
- Other drives
- Decentralized drive technology
- Linear actuators
- Pump drives
- Part-turn actuators
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New appointments to the Siemens Managing Board
Siemens announced various new appointments to the Managing Board on December 1, 2016.

Siemens aims for double-digit growth in digital business
Software, digital services and platforms should bring Siemens double-digit growth per year in future. The integration of IBM Watson Analytics into MindSphere should also contribute to this.

Inventors of the year 2016 have been announced
Siemens has now named ten particularly resourceful researchers "Inventors of the Year 2016". The scientists from Germany, Austria, the USA and Denmark are responsible for 558 registered inventions and 597 individual patents.

MindSphere available on Azure in future
Siemens plans to make its open IoT ecosystem MindSphere available on Microsoft's Azure cloud platform in the course of 2017.

Siemens wants to buy Mentor Graphics
Siemens intends to acquire the industrial software provider Mentor Graphics for USD 37.25 per share - which corresponds to an enterprise value of around USD 4.5 billion. The aim is to integrate the company into the PLM division.

Siemens acquires stake in Bentley Systems
Siemens and Bentley Systems have agreed a strategic alliance with the aim of driving forward digitalization in complementary business areas. At the same time, Siemens is investing 70 million euros in Bentley.

Schaeffler expands its Defense division
Celia Pelaz becomes CEO of STech Defense
Schaeffler is making new appointments to the management of its subsidiary STech Defence GmbH. Celia Pelaz will take over the position of CEO "Defence & New Space" on October 1, 2026 and will manage the business of the Munich-based company.

Stephan Volgmann becomes Chief Saels Officer
On May 15, Stephan Volgmann will take over the newly created position of Chief Sales Officer within the Group Management of Phoenix Contact.

New Vice President of Global Partner Ecosystem appointed
Effective immediately, John Ryan is the new Vice President of Global Partner Ecosystem at Claroty, a specialist in the security of cyber-physical systems (CPS).

