Siemens proposes former Nestle CEO Schneider as supervisory board head from 2027
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Siemens has proposed former Nestle and Fresenius SE CEO Mark Schneider as the potential successor to Jim Hagemann Snabe as chairman of its supervisory board by 2027.
December 11, 2024 | 3:30 pm
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Siemens has announced the proposal of Mark Schneider, former CEO of Nestle and Fresenius SE, as the potential future chairman of its supervisory board by 2027.
The proposal of a new supervisory board head is a significant corporate governance event, but as it is planned for 2027, the immediate impact on Siemens' stock price is neutral. Investors may view this as a strategic move for long-term leadership stability.
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