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Roland Busch

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Roland Busch
Busch in 2021
Born (1964-11-22) November 22, 1964 (age 60)
Erlangen, West Germany
EducationUniversity of Erlangen–Nuremberg
University of Grenoble
TitleCEO of Siemens (2021–present)
Scientific career
Thesis Dissipative Prozesse im Mischzustand von Hoch-Tc-Supraleitern  (1993)

Roland Emil Busch (/ˈroʊlənd bʊʃ/; born 22 November 1964) is a German business executive and physicist. He is the President and Chief Executive Officer of Siemens AG.

Busch joined Siemens in 1994 as a project manager in the global Research Department.[1] He has served in various leadership roles, including Chief Technology Officer from 2016 to 2020 and Deputy CEO from 2019 to 2021.[2] In 2021, he succeeded Joe Kaeser as the CEO and President of Siemens.[3][4]

Early life and education

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Roland Busch was born in Erlangen, West Germany, in November 1964. His father was a primary school principal, and his mother worked in a bank before becoming a full-time homemaker. Busch's elder brother also works for Siemens, albeit in a non-executive role.[5]

Busch pursued his studies in physics at the University of Erlangen-Nuremberg, where he earned his Diplom with a focus on quantum chromodynamics, and subsequently completed a doctoral degree with a dissertation on the subject of high-temperature superconductivity.[6] He also earned an undergraduate degree from the University of Grenoble.[7]

Career

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Prior to his current roles, Busch held several executive positions within Siemens, including chief technology officer and chief operating officer.[8] He replaced Joe Kaeser as CEO on 3 February 2021.[9]

Busch (left) visit Chongqing, China, 2024

Busch has also served as the President and chief executive officer at Siemens VDO Automotive Asia Pacific Co. Ltd., Chairman of Siemens Schweiz AG, and Head of Strategy and Consulting at VDO Automotive AG. He was also Chairman of the Council at the University of Erlangen-Nuremberg. In addition to his various roles in Siemens subsidiaries, Busch is a member of the management board at Zentralverband Elektrotechnik- und Elektronikindustrie and Plattform Industrie 4.0. He also sits on the board of 10 other companies.[7]

Other activities

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Personal life

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Busch currently resides in Erlangen with his wife, though he also maintains a second home in Munich, near the Siemens headquarters.[5]

Busch is known to be a workaholic, and the first to arrive at the Siemens-owned fitness studio each morning.[11] His second marriage ceremony was held at 7 am, and by 8 am, he was back in his office. Their honeymoon was a brief weekend in Austria. His wife has been supportive of his career dedication, which played a significant part in his rapid advancement in the company. Busch is also a guitar enthusiast and has confessed to being part of a local band in Erlangen during his school days.[5]

Views

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Politically, Busch identifies as a centrist, distancing himself from both extreme right-wing populism and radical left-wing ideologies. He believes the fight against climate change to be vital but considers questioning capitalism because of it to be absurd. He often counters dogmatic green policies with economic statistics, emphasizing the number of people capitalism has lifted out of poverty and the overall increase in life expectancy.[5]

Awards and honors

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References

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  1. ^ Jayakumar, PB (May 28, 2018). ""Make in India still has a long way to go"". Business Today. Retrieved September 9, 2024.
  2. ^ Chapman, Tom (November 30, 2023). "Lifetime of Achievement: Roland Busch". businesschief.eu. Retrieved September 9, 2024.
  3. ^ Denton, Jack (July 27, 2021). "Siemens CEO Roland Busch on combining the real and digital worlds". Financial News. Retrieved September 9, 2024.
  4. ^ www.ETHRWorld.com. "After years of restructuring, Siemens has a new CEO - ETHRWorld". ETHRWorld.com. Retrieved September 9, 2024.
  5. ^ a b c d Meck, Georg (August 6, 2020). "Roland Busch ist neuer Siemens-Chef". Frankfurter Allgemeine Zeitung (in German). ISSN 0174-4909. Retrieved July 8, 2023.
  6. ^ "Once a quantum theorist, now the CEO of Siemens". University of Erlangen-Nuremberg. Retrieved July 8, 2023.
  7. ^ a b "SIEGY Company Profile & Executives – Roland Emil Busch". The Wall Street Journal. Retrieved July 8, 2023.
  8. ^ "Siemens Chief Tech Officer Busch to become Chief Operating Officer". Reuters. August 2, 2018. Retrieved July 8, 2023.
  9. ^ "Roland Busch ist neuer CEO von Siemens". Die Presse (in German). March 19, 2020. Retrieved July 8, 2023.
  10. ^ Annual General Meeting approves increased dividend of €15 per share Munich Re, press release of 25 April 2024.
  11. ^ Rathenow, Solveig (March 23, 2022). "Siemens-Organigramm: Auf diese Top-Manager setzt CEO Roland Busch bei der Transformation des Traditionsunternehmens". Business Insider (in German). Retrieved August 19, 2023.
  12. ^ Auer, Katja (July 5, 2023). "Söder verleiht Bayerischen Verdienstorden an 88 Menschen". Süddeutsche Zeitung (in German). Retrieved July 8, 2023.
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