Siemens reappoints Sunil Mathur and Ralf Spindler as MD & CEO and CFO respectively

On Thursday, Siemens Ltd reappointed Sunil Mathur as the managing director and chief executive officer (CEO), and Daniel Spindler as the chief financial officer (CFO).

In a regulatory filing, Siemens said, “The board of directors, based on the recommendation of the Nomination and Remuneration Committee (NRC), re-appointed Sunil Mathur as the managing director and chief executive officer of the company for a further period of 5 (five) years with effect from 1st January 2024, subject to the approval of the Members and concerned authorities, if any.”

Read also - [Funding alert] InCore Semiconductors Secures $3 Mn Seed Funding from Sequoia India

“The BoD, based on the recommendation/approval of the NRC and Audit Committee, re-appointed Dr. Daniel Spindler as the executive director and chief financial officer of the Company for a further period of 1 (one) year with effect from 1st August 2023, subject to the approval of the Members and concerned authorities, if any,” the company said in BSE filing.

Since the start of 2014, Sunil Mathur, 60, has held the positions of managing director and chief executive officer of Siemens Limited. He has held many senior managerial positions at Siemens AG in Germany and the UK over his more than 35 years of employment there. He also serves on the Siemens AG global leadership team. From December 2008 to December 2013, he held the positions of executive director and chief financial officer at Siemens Limited, as per reported by Business Standard.

Read also - [Funding alert] EarKart Raises Fresh Funding round led by Agility Ventures

Mathur, a qualified Chartered Accountant, currently serves as the chairman of the CII National Council on Urban Development and Smart Cities. Before this, he held various leadership positions, including the chairman of CII Western Region, chairman of the CII Smart Manufacturing Council, and president of both the Indo-German Chamber of Commerce and the Bombay Chamber of Commerce and Industry. Additionally, he serves on the Board of several other companies. Mathur obtained his Bachelor of Science degree from Punjab University.

Advertisment

Since September 1st, 2019, Daniel Spindler, 49, has held the positions of Executive Director and Chief Financial Officer of Siemens Limited. He graduated with a doctorate in business administration from the University of Regensburg in Germany.

Read also - PUMA has appointed Karthik Balagopalan as the new MD of PUMA India