SAP Co-CEO Jim Hagemann Snabe Named to Siemens Board

Jim Hagenmann Snabe, co-chief executive at SAP AG (NYSE: SAP), has been appointed to the supervisory at Siemens (NYSE: SI), Bloomberg reported Wednesday. Alex Webb writes Hagemann will succeed Josef Ackermann, who resigned from the board last week. SAP will end its dual CEO structure next year with Bill McDermott serving as sole chief executive of the software developer. Ralf Thomas, formerly chief...

Executive Move- Hamid Akhavan Named CEO Siemens Enterprise Communications

Siemens Enterprise Communications has named Hamid Akhavan as chief executive officer of SEN group. Akhavan joins Siemens from Deutsche Telekom where he served as COO. Akhavan has years of experience in the communications industry, holding senior positions with Teligent, Inc., T-Mobile International and Deutsche Telekom. Joe Kaeser, CFO of Siemens AG, said “Hamid Akhavan is the ideal person for...

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