Barbara Kux is joining the Managing Board of Siemens AG, marking the first time in the company's over 160-year history that a woman has been appointed to Siemens AG's governing body. At the same time, this makes Siemens the only DAX 30 industrial company with a woman on its board. The 54-year-old Swiss citizen, who served as Chief Procurement Officer at Philips in the Netherlands since 2003, will head the newly created Supply Chain Management organization and be responsible for the company's global procurement volume of ¤42 billion. She will also serve as Chief Sustainability Officer and take over the
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