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Munich (dpa) - Siemens has a full program today: The industrial group is not only presenting figures for the past quarter before the stock market launch and will hold its general meeting from 10:00 a.m.
He also changes the boss.
Joe Kaeser, who has headed the company since 2013, is handing over to his previous vice-president Roland Busch.
Although Kaeser, who is very fond of public appearances, would be painful not to say goodbye in front of a large audience in the Olympiahalle, but only in a virtual event, otherwise the transition is considered successful.
The transfer of power has been prepared for a long time.
Busch has been warming up as a runner-up for a year and a half.
He is already operationally responsible for the figures for the first quarter.
And they should look good: According to the first preliminary figures, which have already become known, Siemens performed better than expected from October to December.
Overall, the group has also come through the Corona crisis very stable so far.
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Kaeser is handing over a well-ordered and freshly restructured house to his successor, Busch, which is also praised by shareholder advocates.
Under his aegis, Siemens finally said goodbye to its broad base as a conglomerate.
Siemens Healthineers went public in 2018, and Siemens Energy followed in 2020.
Kaeser is still accompanying the latter as head of the supervisory board - so he's not leaving the Siemens cosmos entirely.
Management can expect a quieter annual general meeting than a year ago.
At that time, the debate about the delivery of signaling technology from Siemens for a major coal mining project in Australia sparked protests in front of and in the Olympic Hall.
There are no comparable upheavals this year.
And the shareholders should also be satisfied: After a very strong development, the share was recently listed at a record level.
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