Jim Hagemann Snabe to succeed Josef Ackermann on Siemens' Supervisory Board

München, (PresseBox) - The current Co-CEO of SAP, Jim Hagemann Snabe (47), is to be appointed member of the Supervisory Board by court order on application by the company as successor to Josef Ackermann (65), who is leaving the Siemens Supervisory Board at his own request on September 30, 2013. This was decided by the Siemens Supervisory Board at its meeting today. "In view of the growing strategic importance of digitalization for Siemens' core businesses, we are adding to the technology and software competence of the Supervisory Board with the appointment of Jim Hagemann Snabe. We are gaining an internationally respected expert in this area. I am looking forward to working with him," said Gerhard Cromme, Chairman of the Supervisory Board of Siemens AG.

Jim Hagemann Snabe is a Danish citizen and has been working for SAP since 1990. Since 2010 he has been managing the company together with Bill McDermott.

The Supervisory Board of Siemens AG has also appointed Werner Wenning (66), Chairman of the Supervisory Board of Bayer AG and E.ON SE, as Second Deputy Chairman and member of the Chairman's Committee of the Supervisory Board.

Siemens AG

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies. Around 40 percent of its total revenue stems from green products and solutions. In fiscal 2012, which ended on September 30, 2012, revenue from continuing operations totaled €78.5 billion and income from continuing operations €4.7 Billion (incl. IAS 19R and reclassification of the solar business into continuing operations). At the end of September 2012, Siemens had around 370,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at: www.siemens.com.

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