📋 Tender Overview
The Supervisory Board of Siemens AG has decided to extend the Managing Board contracts of Veronika Bienert and Peter Koerte - ahead of schedule - as of April 1, 2026, for another five years.
Veronika Bienert is to succeed Ralf P. Thomas as CFO in the course of fiscal 2026.
Peter Koerte will continue to play a key role in the implementation of the ONE Tech Company program - in particular, in the strategic orientation and development of the AI portfolio.
Ralf P. Thomas will continue to serve as supervisory board chairman of Siemens Healthineers AG after his departure from Siemens AG.
The early extension of the Managing Board contracts and the CFO succession plan will ensure continuity and stability.
At its meeting today, the Supervisory Board of Siemens AG decided to extend the Managing Board contracts of Veronika Bienert and Peter Koerte - ahead of schedule - as of April 1, 2026, for another five years. It also decided to appoint Veronika Bienert to succeed Prof. Dr. Ralf P. Thomas as Siemens CFO in the course of fiscal 2026. As a member of the Managing Board, Veronika Bienert is currently responsible for the services portfolio of Siemens Financial Services, Siemens Real Estate and Global Business Services. She is also CEO of Siemens Financial Services. Prof. Dr. Ralf P. Thomas, who has already been CFO for over a decade and has worked at the company for a total of more than 30 years, will transfer his position to Veronika Bienert in an orderly process, after the completion of a careful transition and onboarding phase. A decision regarding the exact timing of the transfer will be made as part of the transition process. Ralf P. Thomas will continue to serve as supervisory board chairman of Siemens Healthineers AG after his departure from Siemens AG.
As a member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer, Dr. Peter Koerte is playing a key role in the implementation of the ONE Tech Company program - in particular, in the strategic orientation and development of the AI portfolio. It is of particular importance for the Supervisory Board to ensure continuity and stability at an early stage in order to safeguard planning security in a key moment of Siemens transformation - a major step to strengthen the companys leading position and launch its next growth phase.
On behalf of the entire Supervisory Board Id like to cordially congratulate Veronika Bienert and Peter Koerte on the early extension of their contracts, said Jim Hagemann Snabe, Chairman of the Supervisory Board of Siemens AG. In Ms. Bienert, were gaining an experienced, internationally prominent and optimally networked financial expert to head our important finance portfolio. She combines wide-ranging financial expertise with extensive entrepreneurial experience in our business areas and regions. Peter Koerte is playing a key role in the companys current transformation - in particular, in the strategic orientation and development of Siemens AI portfolio. At the same time, Id like to take this opportunity to thank Ralf Thomas for his extraordinary commitment and his outstanding services over the last three decades. With his strategic foresight, steady hand and personal integrity, hes made a major contribution to our companys strength today. Id particularly like to thank Ralf Thomas also for his active support in the selection and further development of his successor.
Veronika Bienert and Peter Koerte are admired and respected members of our Managing Board team, said Roland Busch, President and CEO of Siemens AG. Veronika Bienert is an outstanding financial expert and entrepreneur who knows Siemens in all its facets. With his strategic vision and extensive technological know-how, Peter Koerte is decisively driving the implementation of our ONE Tech Company program. Id also like to take this opportunity to thank Ralf Thomas for his extraordinary achievements and many years of trust-based collaboration. Siemens development over the past few years and our companys rock solid financial foundation bear to a large extent his signature.
My appointment as CFO is for me a very meaningful step and an expression of great trust, emphasized Veronika Bienert. Im looking forward to continuing Ralf Thomass successful work and, at the same time, bringing in new perspectives so that Siemens can unlock its full potential as ONE Tech Company across all its businesses and regions and thus create sustainable value for our company. The application of digital technologies in our financial function will play a key role in this respect, and - together with our excellent teams - Ill vigorously accelerate its use.
Id like to take this opportunity to sincerely thank the Supervisory Board for its trust and support. Im very much looking forward to decisively driving the implementation of our ONE Tech Company program in order to achieve stronger customer focus, faster innovations and higher growth. In particular, Ill further expand our technological leadership - especially in the area of industrial AI - and scale our AI offerings to create even more value for our customers, said Peter Koerte.
I am very pleased by the Supervisory Boards decision to appoint Veronika Bienert CFO of Siemens AG, said Ralf P. Thomas. It has been my privilege for many years to have supported her in her successful and wide-ranging development at our company, and I am firmly convinced that - with her extensive financial expertise and comprehensive business experience - Veronika Bienert is optimally prepared to assume this key responsibility at our company. Together, we will ensure a smooth transfer of the finance function with its extremely efficient and highly motivated teams. At the same time, I am deeply grateful that I have been permitted to serve Siemens for a total of more than 30 years and, finally, as CFO for over a decade. It was - and is - a great honor for me to have been able to actively help shape the development of this great company.
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