Supervisory Board of Siemens AG confirms changes in companys Managing Board

At its extraordinary meeting on June 9, 2010, the Supervisory Board of Siemens AG accepted Heinrich Hiesingers early resignation from the Managing Board of Siemens AG, effective September 30, 2010.
As part of a reallocation of tasks within the Managing Board, the Supervisory Board also appointed Siegfried Russwurm CEO of the companys Industry Sector, effective July 1, 2010. Brigitte Ederer, currently CEO of Siemens AG Österreich and CEO of Siemens Cluster Central Eastern Europe, was appointed Member of the Managing Board of Siemens AG, effective July 1, 2010. As successor to Siegfried Russwurm, Ms. Ederer will serve as Head of Siemens Corporate Human Resources Department and be responsible within the Managing Board for the Region Europe. She will also perform the duties of Labor Director pursuant to Section 33 of the German Codetermination Act (MitbestG).

About Siemens

SiemensLogo_exh.jpgSiemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the worlds largest provider of environmental technologies, generating €23 billion nearly one-third of its total revenue from green products and solutions. In fiscal 2009, which ended on September 30, 2009, revenue totaled €76.7 billion and net income €2.5 billion. At the end of September 2009, Siemens had around 405,000 employees worldwide. 
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