Financial compensation

Siemens CEO’s Pay Rises 26% to €8.61 Million Amid Strong Company Growth

Siemens AG has announced a significant 26% increase in CEO Roland Busch’s compensation, raising it to €8.61 million amid a record net income of €8.99 billion for the 2024 financial year. This rise contrasts with a modest 3% increase in employee salaries, igniting discussions on executive pay versus workforce compensation. As Siemens shares soar by 23.2%, analysts will closely monitor the company’s strategies to balance leadership rewards with employee satisfaction.