Siemens 2006 Annual Report Download - page 83

Report of the Supervisory Board 79
Changes in the composition of the Supervisory and Managing Boards
The composition of the Supervisory Board of Siemens AG changed in fiscal 2006. Thomas Rackow
succeeded Klaus Wigand, who resigned at the conclusion of the Annual Shareholders’ Meeting on
January 26, 2006, as representative of the Company’s senior executives. We thanked Mr. Wigand
for his long years of service.
There were also changes in the composition of the Managing Board. Heinz-Joachim Neubürger,
who had been a member of the Managing Board since November 1997 and Chief Financial Officer
since January 1998, left the Company on April 30, 2006. Joe Kaeser was appointed member of
the Managing Board and Chief Financial Officer. In this latter capacity, Mr. Kaeser is also a member
of the Corporate Executive Committee. He was previously head of Corporate Strategies.
Dr. h.c. Thomas Ganswindt left the Company on September 30, 2006. A member of the Man-
aging Board since December 2002, he was elected in October 2004 to the Corporate Executive
Committee, where he had special responsibility for the Company’s Information and Communica-
tions business area.
Eduardo Montes was appointed member of the Managing Board of Siemens AG and President
of the Communications Group, effective May 1, 2006. Mr. Montes was previously President of
Siemens in Spain.
Professor Dr. Edward G. Krubasik, who had been a member of the Corporate Executive Commit-
tee since the beginning of 1997, and Professor Dr. Claus Weyrich, who had been a member of the
Managing Board and head of Corporate Technology since October 1996, left the Company at the
end of their terms of office on September 30, 2006.
We thanked the departing members of the Managing Board for their many years of extraordi-
nary commitment to the Company.
Professor Dr. Hermann Requardt, who has been a member of the Managing Board since May 1,
2006, was elected to the Corporate Executive Committee, effective October 1, 2006. Within the
Committee, he has special responsibility for Siemens VDO Automotive (SV) and the Region Japan.
He is also head of Corporate Technology.
Berlin and Munich, December 11, 2006
For the Supervisory Board
Prof. Dr. Heinrich v. Pierer
Chairman