On May 15, all eleven members Siemens Alstom’s future Board of Directors were announced, with six independent members, including two designated by Siemens. Alstom’s Board of Directors approved the proposal to the upcoming Annual Shareholder Meeting to appoint all members of the future Board of Directors of the combined entity Siemens Alstom.
Henri Poupart-Lafarge, currently Chairman and CEO of Alstom, has been nominated as Director and CEO of Siemens Alstom.
The six members designated by Siemens are:
• Roland Busch, Chief Technology Officer and Member of the Managing Board of Siemens AG, would serve as Chairman of the Board
• Sigmar Gabriel, former German Minister of Foreign Affairs and former Vice Chancellor of Germany, qualified by the Board as Independent Director
• Janina Kugel, Chief HR Officer and Member of the Managing Board of Siemens AG
• Christina M. Stercken, Director at Ascom Holding AG, Landis & Gyr Group AG, and Ansell Ltd., qualified by the Board as Independent Director
• Ralf P. Thomas, Chief Financial Officer and Member of the Managing Board of Siemens AG
• Mariel von Schumann, Chief of Staff of Siemens AG and Head of Governance and Markets
“With these proposed nominations the future Siemens Alstom can rely on a tremendous and diverse team. The outstanding international expertise of the nominated persons and their expertise in managing cross border industrial operations will be an excellent basis for future collaboration,” Roland Busch said.
The four independent members proposed by Alstom are:
• Yann Delabriere, currently Lead Independent Director of Alstom’s Board, remaining qualified by the Board as Independent Director and to serve as Vice-Chairman of the Board
• Clotilde Delbos, Executive Vice President and Chief Financial Officer of Renault, qualified by the Board as Independent Director
• Sylvie Kandé de Beaupuy, Group Ethics & Compliance Officer of Airbus Group and current Alstom’s Independent board member, remaining qualified by the Board as Independent Director
• Baudouin Prot, Senior Advisor at Boston Consulting Group, qualified by the Board as Independent Director
These nominations are subject to the approval of Alstom’s shareholders and will be effective upon completion of the deal itself to occur after approval by various authorities.
“These proposed nominations are a new step towards the creation of Siemens Alstom, a global champion in mobility. These Board members will bring a wealth of experience and expertise. With a majority of independent Board members, it also demonstrates the balance of the future governance. I am looking forward to working with such a diverse and talented group of people,” Henri Poupart-Lafarge, Chairman and CEO of Alstom said.