Siemens AG was founded in 1847; it is a German company, with its headquarters in Munich. They work in the technological sector, more specifically in the industry, energy and healthcare. In the first case, the industry sector, Siemens work in specific areas such as automation and lighting. More so, they also handle services to building and mobility solutions. Solutions for plant business, industrial solutions and transportation systems have become a great deal for this company. Moving to the energy category Siemens plays a big role, they outfit solutions for the generation, transmission and distribution of power. It also participates in the oil and gas industry by extracting, converting and transporting oil and gas. As we already mention, Siemens also perform in the healthcare division by developing, manufacturing and marketing therapeutic and diagnostic systems. Among their key employees, Mr. Peter Loescher is the Chairman of Managing Board, Chief Executive, as well as Officer, President and Member of Equity and Employee Stock Committee. Another important character is Mr. Joe Kaeser. He performs as the Chief Financial Officer, Executive Vice-president, member of the Managing Board and Member of Equity and Employee Stock Committee. In the area of technology, Dr. Hermann Requardt, works as the Chief Technology Officer, Head of Corporate Technology, Vice-president, member of Managing Board and Chief Executive Officer of Healthcare Sector. The CEO of the industry segment is Dr. Siegfried Russwurm. And the CEO of the industry sector is Dr. Heinrich Hiesinger. They are all members of the managing board. The top 5 Institutional Holders are: FMR LLC (7,401,535 shares, 0,85%); Fisher Investments, Inc. (6,440,813 shares, 0,74%); Wellington Management Company, LLP (2,201,780, 0,25%); Tradewinds Global Investors, LLC (2,159,612 shares, 0,25%); Invesco Ltd. (2,079,714, 0,24%).
CONTEXT FOR THE ANALYSIS
Siemens is an...