Jim Hagemann Snabe and Nathalie von Siemens have backed Mark Schneider, confirming his designation as the next Group Controller within the Siemens Supervisory Board. Snabe stated to the “Handelsblatt” that Schneider is the ideal candidate and is confident he will perform exceptionally well. He added that Schneider has successfully familiarized himself with the company and its culture.
The official confirmation of Schneider’s role was scheduled for the Supervisory Board meeting on Tuesday: following the Annual General Meeting (AGM) slated for early 2027, he is positioned to take on one of the most critical roles in German industry. The former Nestlé CEO has served on the control committee for nearly eighteen months as an associate member.
While Snabe, the former Co-CEO of SAP, noted that Schneider does not bring the technology expertise that he embodies, the industry consensus is that this specific technical expertise will increasingly be supplied by other supervisory board members moving forward. Instead, Snabe characterized Schneider as a “conductor of transformation” rather than a technology expert. Given this, he asserted that the necessary technological competence will now be adequately addressed.
Earlier reports from the “Manager Magazin” had indicated that the founding family, which still holds about six percent of the shares, harbored doubts about Schneider. However, Nathalie von Siemens, who currently represents the family on the Supervisory Board, assured the “Handelsblatt” that the entire Siemens family maintains full confidence in the company’s processes and in the leadership individuals chosen. This support specifically extends to Mark Schneider.
On other structural changes, Nathalie von Siemens will depart the Supervisory Board after twelve years, citing good corporate governance practices, following the next AGM. She will be succeeded by family member Christoph von Seidel. Looking ahead, Snabe highlighted that Ola Rollén, Chairman and former CEO of the Swedish technology company Hexagon, is expected to contribute specialized digital expertise. Marion Helmes is also set to join the Supervisory Board as the third new board member.
