17 May '13, 12pm

#Siemens to appoint new members to Supervisory Board of #Osram:

As of Osram's next regular annual shareholders' meeting, slated to take place in February 2014, Peter Bauer will be available to serve as Chairman of the Supervisory Board and is then to assume this position from Siegfried Russwurm. "Osram is an outstanding brand in a market that is undergoing rapid technological change. I'm looking forward to contributing my experience to the work of the Supervisory Board and to cooperating closely and on a basis of trust with the Managing Board in the wake of the public listing – a time that will be exciting and important for Osram," said Peter Bauer at the Osram Capital Market Day in Munich. In addition, the Supervisory Board of Osram Licht AG is acquiring another well-recognized executive in Joachim Faber. The financial expert is expected to provide the control body with greater expertise in financial matters and to assume the position...

Full article: http://www.siemens.com/press/en/pressrelease/2013/corpora...

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