Business Chief Europe Magazine December 2023 | Page 14

Video : Siemens : Transform the everyday otherwise known as the University of Erlangen-Nuremberg , where he also received his doctorate , and went on to continue his studies in Grenoble , France .
Erlangen is a place that remains dear to Busch ’ s heart . To this day he still lives there with his wife , although he now has a second home in close proximity to the Siemens headquarters in Munich .
A Siemens legend A look at Busch ’ s CV suggests he was destined to work for Siemens , the company he joined as

29 years Roland Busch has spent at Siemens

US $ 700M

amount Siemens is investing in its own decarbonisation by 2030

92 %

percentage of Fortune 500 industry companies using Siemens software a Project Head for the Corporate Research and Development department back in 1994 .
In the ensuing years he progressed rapidly through the ranks to assume senior roles in automotive strategy and process management , before being promoted to CEO of Business Unit Infotainment Solutions in 2005 .
With leadership clearly in his DNA , Busch went on to head up numerous divisions of the business , including in the Asia-Pacific region , but was ultimately destined for the very top .
After impressing in various C-level positions – CTO , COO and Chief Sustainability Officer ( CSO ) among them – his ascension was almost complete when he was appointed Deputy CEO in 2019 .
Then , following an 18-month leadership succession process , Busch eventually replaced fellow Siemens veteran Joe Kaeser as CEO . He is ably supported by CFO Ralf Thomas , another senior leader to join the business in the mid-90s .
Speaking after his appointment was officially announced in February 2021 , Busch spoke of having a “ great sense of responsibility and humility ”, while also looking ahead to a “ decade of opportunities ” where Siemens leads industry , infrastructure , transportation and healthcare into the digital age .