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    SIE   DE0007236101

SIEMENS AG

(SIE)
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Real-time Estimate Tradegate  -  03:59 2022-12-06 pm EST
132.86 EUR   -1.90%
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Eckard Eberle appointed as new CEO of Siemens Global Business Services

10/03/2022 | 10:04am EST

Eckard Eberle (57) will be appointed as the new CEO of Siemens Global Business Services (GBS) with effect from October 1, 2022. He will report directly to Judith Wiese, member of the Siemens AG Managing Board and Chief People and Sustainability Officer (CPSO). GBS designs, develops and operates efficient and innovative business services for Siemens AG, Siemens Healthineers AG, Siemens Energy AG and other companies. Eckard Eberle succeeds Hannes Apitzsch (64), who has led GBS since 2019 as CEO and is entering retirement after more than 40 years at the company. Hannes Apitzsch will continue to support Siemens in an advisory capacity until December 31, 2022.

'I'm delighted that such an experienced manager as Eckard Eberle will be leading Siemens Global Business Services going forward. With his focus on expanding the customer base and driving forward the digital transformation, he is the ideal person to boost the value that GBS contributes to Siemens,' said Judith Wiese. 'On behalf of the whole Managing Board, I'd like to thank Hannes Apitzsch very much for his many years of dedicated service to our company. His relentless drive to develop people and teams, and his unwavering commitment to the health and growth of Siemens were outstanding,' she continued.

As CEO of the Process Automation Business Unit at Siemens Digital Industries, Eckard Eberle has been responsible since 2014 for the areas of development, production and quality management as well as for the sale of products, solutions and systems for automation in the process industry. Having held various management positions inside and outside Germany, Eberle, who holds a degree in electrical engineering, brings broad experience in many business fields at Siemens.

'GBS is a great business. I see plenty of potential here, and I am looking forward to shaping the next phase and driving the ongoing development of our services and solutions. GBS makes a key contribution to the value and productivity of the entire Siemens Group. We also leverage digitalization to improve our customers' business success and to sharpen our own competitive edge,' explained Eckard Eberle.

Beginning in 2019, Hannes Apitzsch transformed GBS from an internal service provider into a highly efficient powerhouse for innovative business services. 'I'm very pleased to be handing GBS over to Eckard Eberle, who will take GBS forward successfully. In recent years, GBS has evolved into a competitive and professional business services organization, making a key value contribution for the Siemens Group,' said Hannes Apitzsch.

Siemens Global Business Services (GBS) designs, innovates, and efficiently operates business services for Siemens AG units worldwide as well as external customers. Its portfolio comprises transactional and expertise-driven services - with a strong focus on digitalization in areas like business administration, human resources, supply chain management, sales, marketing, and engineering. Siemens GBS provides business services for Siemens AG, Siemens Energy AG and Siemens Healthineers AG and serves its clients globally out of eleven major delivery locations. Siemens GBS headquarters are based in Munich, Germany. For more information, visit www.siemens.com/gbs.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of EUR62.3 billion and net income of EUR6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Contact:

Konstanze Somborn

Siemens AG

T: +49 173 894 73 54

E: konstanze.somborn@siemens.com

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SIEMENS AG -1.24% 133.76 Delayed Quote.-11.29%
SIEMENS ENERGY AG -0.69% 16.575 Delayed Quote.-25.79%
SIEMENS HEALTHINEERS AG -3.24% 49.25 Delayed Quote.-22.67%
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Financials
Sales 2022 70 492 M 74 155 M 74 155 M
Net income 2022 3 818 M 4 016 M 4 016 M
Net Debt 2022 38 320 M 40 312 M 40 312 M
P/E ratio 2022 27,9x
Yield 2022 3,12%
Capitalization 106 B 111 B 111 B
EV / Sales 2022 2,04x
EV / Sales 2023 1,88x
Nbr of Employees 311 000
Free-Float 88,4%
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Number of Analysts 22
Last Close Price 133,76 €
Average target price 151,52 €
Spread / Average Target 13,3%
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Managers and Directors
Roland Emil Busch President & Chief Executive Officer
Ralf Peter Thomas Head-Corporate Finance, Accounting & Controlling
Jim Hagemann Snabe Chairman-Supervisory Board
Hanna Hennig Chief Information Officer
Bernhard Wardin Head-Technology & Innovation
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