Siemens AG has announced the extension of Matthias Rebellius's contract, ensuring his continued leadership within the company. Jim Hagemann Snabe, Chairman of the Supervisory Board of Siemens AG, stated, “Matthias has led the Smart Infrastructure business to exceptional performance levels, with 15 consecutive quarters of profitability improvement. The business is now a strong pillar of Siemens. This extension means that Siemens can continue to benefit from his strong leadership, and he can actively support the ongoing company transformation.”
Roland Busch, President and CEO of Siemens AG, commented on Rebellius's capabilities: “Matthias brings a steady hand, passion for customers and technology, and deep experience across markets and regions. We are fortunate that we will benefit from his contribution for another two years.”
Rebellius began his career at Siemens through the Graduate Program in 1988. He moved into industrial automation in 1990 before transitioning to the buildings sector in 2003. In October 2020, he joined the Managing Board as CEO of Smart Infrastructure. His responsibilities include supply chain management and overseeing regional operations in Canada, India, Switzerland, and the United Kingdom. Additionally, he serves on the Supervisory Board of Siemens Energy AG.
Expressing his commitment to Siemens's future endeavors, Rebellius said: “I look forward to continuing being part of the team taking Siemens to the next level of performance and value creation. My choice to extend for one year allows me to support the transformation and then after many incredible years with Siemens enter into a new phase of my career as a non-executive. I am grateful for the support and trust from the Supervisory Board and the CEO and will ensure I make every day count for the benefit of our people, our customers, partners, and our shareholders.”