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Siemens announces Management Board changes

The Supervisory Board of Siemens AG will hold an extraordinary meeting on June 9, 2010, in response to the proposed appointment of Dr. Heinrich Hiesinger as future Chairman of the Executive Board of ThyssenKrupp AG.

The Chairman's Committee of the Supervisory Board of Siemens AG recommends that the Supervisory Board approve Hiesinger's wish to prematurely resign from the Managing Board of Siemens AG, effective September 30, 2010. At the same time, the Chairman's Committee proposes that, in the course of a reallocation of duties on the Managing Board, Prof. Dr. Siegfried Russwurm take over as CEO of the Industry Sector, effective July 1, 2010, and that Ms. Brigitte Ederer, currently President and CEO of Siemens AG Österreich and CEO of the Cluster Central-Eastern-Europe, be appointed to the Managing Board of Siemens AG, effective July 1, 2010.



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