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.
Emission Monitoring System (EMS) Market Projected to Reach USD 4.68 Billion by 2024
The Emission Monitoring System (EMS) Market is projected to reach a value of USD 4.68 billion at a compounded annual growth rate (CAGR) of 6.2% by 2024. Regulatory agencies worldwide are increasingly mandating the use of continuous emission monitoring systems (CEMS) in industrial operations to monitor pollutant emissions. The market is primarily driven by increasing demand from industries such as oil and gas, and power generation, as a result of stringent government regulations mandating emission monitoring. This has led to the adoption of EMS to track and mitigate hazardous gas emissions, thereby propelling market growth.