Roland Busch is a German physicist and business executive. He is also the President and Chief Executive Officer (CEO) of Siemens AG. He succeeded Joe Kaeser as the CEO and President of the German multinational technology conglomerate.Â
Siemens AG is a major German multinational conglomerate with a rich history dating back to 1847. Known for its technological advancements, the company specializes in industrial automation, distributed energy resources, rail transportation, and healthcare technology. It is a global leader in various sectors, driving innovation and sustainability through its diverse range of products and services.
Roland Busch has been with Siemens for over three decades, joining the company in 1994. Apart from his role at Siemens, he also worked as a Supervisory Board Member at Munich Re and as the Chairman of the Asia-Pacific Committee of German Business (APA).
Roland Busch’s Personal Stats and Other Details | |
Date of Birth | November 22, 1964 |
Age | 59 |
Residence | Bavaria, Germany |
Citizenship | Germany |
Marital Status | Married |
Children | Unknown |
Education | Ph.D in High-Temperature Superconductivity Physics from the University of Erlangen–Nuremberg; Degree in Physics from the University of Grenoble INP- Phelma |
Current Net Worth and Salary (2024) | Unknown |
Companies | Siemens AG, Asia-Pacific Committee of German Business |
Achievements | President and CEO of Siemens AG, Former Chairman of the Asia-Pacific Committee of German Business |
This article will look into Roland Busch’s net worth, education, career, and more.Â
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Roland Busch Net Worth
Unfortunately, we could not find any legitimate information on Roland Busch’s net worth figure. We will update this section as soon as we come across any accurate data on his wealth.
However, it is worth mentioning that Roland Busch received $7.86 million in compensation for the 2021 business year. Given the company’s performance and industry trends, it is reasonable to assume that his compensation has likely increased significantly in subsequent years.
Education
Roland Busch holds a degree in physics from Grenoble INP – Phelma. He graduated from the university in 1987.
Building on his foundational knowledge, Busch pursued a Doctor of Philosophy (Ph.D.) at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) from 1983 to 1994. During this time, he concentrated on high-temperature superconductivity.
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Career
Roland Busch began his career at Siemens in 1994 as Project Head in Corporate Research and Development in Erlangen, Germany. At first, his work focused on research in advanced energy technologies, including fuel cells, offshore wind, photovoltaics, and high-temperature superconducting transmission lines.Â
In 1995, he transitioned to a strategic planning role within the Automotive Systems Group in Regensburg, where he spent three years shaping strategic directions in automotive technologies.
Then, three years later ,Busch became Head of Central Quality and Internal Consulting within Process and Information Management in Germany, where he managed quality processes and internal consulting initiatives for three years.Â
By 2001, he had risen to CEO of the Business Unit Infotainment Solutions in Regensburg. Thee, he oversaw radio, navigation, and multimedia systems for the automotive industry over four years.
Then, in 2005, Busch took on a new challenge as President and CEO of Siemens VDO Automotive Asia Pacific in Shanghai, where he led operations across the Asia-Pacific region for two years.
Following this, he returned to Germany in 2007 as CEO of the Mass Transit Business Unit in Erlangen, focusing on mass transit solutions.
By 2008, Busch advanced to Head of Corporate Strategy, a role he held for three years in Munich, where he influenced Siemens’ overall strategic direction. In 2011, he became CEO of the Infrastructure and Cities division. In this role, he oversaw this sector’s global operations until 2014.
From October 2018 to September 2019, Busch served as Chief Operating Officer (COO) and continued to serve on Siemens’ Managing Board.
Later that year, he also took on the role of Deputy CEO, and by December, he was appointed CHRO and Labor Director.
He also served as the company’s Chief Technology Officer (CTO) from 2016 to 2020, driving innovation and strategic technology projects.
In 2019, he was appointed Chairman of Siemens Mobility GmbH, a position he continues to hold. In February 2021, Roland Busch reached the pinnacle of his career at Siemens by becoming President and CEO of Siemens AG.
He also holds additional leadership roles, including Supervisory Board Member of Munich Re since April 2024. He is also the Chairman of the Asia-Pacific Committee of German Business (APA).
Latest Updates
Siemens Global CEO Roland Busch highlighted the company’s focus on India’s industrial metaverse and AI solutions at Hannover Messe 2024. He cited India’s rapid economic growth and government investments in infrastructure, logistics, and communication as driving more sophisticated manufacturing projects.Â
Siemens aims to support small and medium enterprises (SMEs) in India by offering them tools like digital twins and AI-powered automation solutions.Â
Also, Siemens’ partnership with NVIDIA combines AI and accelerated graphics with industrial automation expertise to advance the industrial metaverse. Siemens launched its Siemens Xcelerator platform in 2022 and its Industrial Copilot.
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FREQUENTLY ASKED QUESTIONS
How much does Roland Busch earn?
In 2021, it was revealed that Roland Busch earned $7.86 million in compensation in the business year. It is unclear, how much he earns at present.
Who is Dr. Roland Busch?
Dr. Roland Busch is a German physicist and business executive. He also serves as the chief executive officer (CEO) and President of Siemens AG, the German multinational technological conglomerate.
Who is the new CEO of Siemens?
Dr. Roland Busch is the new chief executive officer (CEO) of Siemens. He succeeded Joe Kaeser as the CEO and President of the German multinational technology conglomerate.