By 2018 Jim Hagemann Snabe is likely to reduce his supervisory board positions and be Siemens chairman.
Germany’s top engineering group, Siemens has proposed that Jim Hagemann Snabe, the former Co-CEO of SAP be its next chairman, ahead of its annual general meeting on Wednesday.
Snabe, 51, has been a member of Siemens supervisory board since 2013. He is likely to take over from Gerhard Cromme after next year’s AGM.
He is also a director at Allianz, SAP, Moeller-Maersk, a shipping group, and at Bang & Olufsen, an audio equipment manufacturer.
Siemens has disclosed that by 2018, Snabe intends to trim the number of his supervisory board positions.