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Stock impact report

Siemens Energy extends contract of CEO Bruch for five more years [Seeking Alpha]

SIEMENS AG SPONS ADR (SIEGY) 
NASDAQ:AMEX Investor Relations: siemens.com/investor
Company Research Source: Seeking Alpha
believes it has turned a corner following a major crisis at its wind turbine business. "Christian Bruch and his team have raised the conventional business to new levels with unparalleled commitment and stopped the existential decline of the wind business," Chairman Joe Kaeser said. Bruch's current contract, which runs until April 2025, was extended early until April 2030, the company said following a meeting of the supervisory board. The CEO said his goal remains increasing the profitability and the value of Siemens Energy shares, which rose 1.8% in Frankfurt on Wednesday to their highest since January 2021. Recommended For You More Trending News Recommended For You More Trending News About SMEGF Stock Related Stocks Trending Analysis Trending News Show less Read more
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