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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 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 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, 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.
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.
Jim Hagemann Snabe
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siemens appoints former nestle ceo mark schneider as future chairman
16:48 11.12.2024
Siemens proposes Mark Schneider as supervisory board chairman by 2027
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16:20 11.12.2024
siemens proposes mark schneider as supervisory board chairman by 2027
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16:10 11.12.2024
Siemens proposes Schneider as supervisory board head starting in 2027
16:10 11.12.2024
Siemens nominates Mark Schneider as supervisory board chairman starting in 2027
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16:03 11.12.2024
Siemens proposes Mark Schneider for supervisory board chairman position
15:05 11.12.2024
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