The SPI index fell by 0.22% to 15,567.40 points on Friday, with a market capitalization of €2.094 trillion. It has decreased by 0.336% this week and is down from 16,096.21 points a month ago, though it has risen 6.85% since the start of the year. Top performers include Pierer Mobility (+21.49%) and Banque Cantonale du Jura (+4.85%), while Peach Property Group saw the largest decline at -33.41%.
Mark Schneider, the former CEO of Nestlé, has been nominated to become Chairman of the Siemens Supervisory Board until 2027, with a proposal to shareholders set for February 13. Current Chairman Jim Hagemann Snabe will also be up for reappointment for a two-year term. Siemens plans to propose an increase in the annual dividend from 4.7 to 5.2 euros per share, which contributed to a 1.7% rise in Siemens shares on the Frankfurt Stock Exchange.
Siemens has proposed Mark Schneider, the former CEO of Nestle, as the potential successor to Jim Hagemann Snabe as chairman of its supervisory board by 2027. Snabe, who plans to manage his succession effectively, expressed confidence in Schneider as an excellent candidate. The annual general meeting for the supervisory board election is scheduled for February 13, 2025, alongside a proposed dividend increase to 5.20 euros from 4.70 euros.
Siemens has nominated former Nestle CEO Mark Schneider to head its supervisory board starting in 2027. Current chairman Jim Snabe plans to manage a transition before his term ends in February 2025, emphasizing Schneider as an excellent candidate. Additionally, Siemens proposed a dividend increase to 5.20 euros from 4.70 euros.
Siemens has proposed Mark Schneider, the former CEO of Nestle and Fresenius SE, as the potential successor to Jim Hagemann Snabe as chairman of its supervisory board by 2027. Snabe, who plans to manage his succession effectively, aims for a transition within two years if re-elected in February 2025. Additionally, Siemens announced a proposed dividend increase to 5.20 euros from 4.70 euros the previous year.
Siemens has proposed former Nestle CEO Schneider to lead its Supervisory Board starting in 2027. Current chairman Snabe indicated that if re-elected in February 2025, he intends to oversee a transition over the following two years.
Siemens has proposed Mark Schneider, the former CEO of Nestle and Fresenius SE, to succeed Jim Hagemann Snabe as chairman of its supervisory board by 2027. Snabe plans to manage a transition within the next two years if re-elected in February 2025. Siemens will hold its annual general meeting on February 13, 2025, where Schneider's election will be voted on, alongside a proposed dividend increase to 5.20 euros.
The representation of women in top corporate finance roles in Switzerland is on the rise, with female CFOs now making up 13% of the positions among listed companies, doubling from the previous year. This figure is approaching the overall female management average of 17%. However, women CEOs remain scarce, with only eight currently in Switzerland, including notable figures like Magdalena Martullo-Blocher and Suzanne Thoma.
Siemens AG has nominated former Nestlé CEO Mark Schneider for election to its Supervisory Board at the 2025 AGM. Schneider is expected to succeed Jim Hagemann Snabe as Chairman by 2027, as Snabe plans a transition within the next two years.
A lawsuit filed in Philadelphia accuses Coca-Cola, Mondelez, and Nestle of intentionally marketing ultra-processed foods to children, leading to chronic health issues like type 2 diabetes. The plaintiff, Bryce Martinez, claims these companies' practices mirror those of the tobacco industry, seeking accountability for their alleged harmful tactics. The case includes multiple food giants and demands monetary compensation for the damages caused.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
