Powered by

Siemens chief urged to push on with change

Feb 02, 2017 - City A.M.

SIEMENS shareholders yesterday urged chief executive Joe Kaeser to press ahead with transforming the engineering group which made its best annual operating profit to date last year and raised its earnings forecasts.

As unknown risks loom from the protectionist policies of new US President Donald Trump, Kaeser cautioned that the German company could not afford to be complacent, while basking in a rare glow of shareholder approval at the group's annual meeting as the company's shares jumped ...