Reported 2 months ago
Siemens is set to expand its management board from five to seven members as part of its strategy to focus on technology advancements, particularly in artificial intelligence. Chairman Jim Hagemann Snabe will seek re-election for a two-year term during the upcoming annual general meeting, emphasizing the need for more board members to handle the company's significant scale. The board will also see the addition of Peter Koerte and Veronika Bienert, enhancing the leadership framework as Siemens aims for accelerated growth.
Source: YAHOO