Siemens CEO Kaeser on Flender Spinoff, Succession, Diversity

Aug.06 — Siemens AG Chief Executive Officer Joe Kaeser discusses plans to spin off the company’s Flender mechanical drive business, the timeline for handing over to new CEO Roland Busch, and workplace diversity. He speaks on “Bloomberg Markets: European Open” after Europe’s largest engineering company reported an 8% rise in third-quarter profit.


In This Story: Siemens

Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad.

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