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Siemens Appoints New Chief Compliance Officer

Siemens Appoints New Chief Compliance Officer

MUNICH — Effective May 1, Annette Kraus (45) became the new Chief Compliance Officer at Siemens AG and will head the company’s global Compliance Organization. She succeeds Martina Maier (54), who is leaving the company at her own request for personal reasons.

“Martina Maier has further enhanced our Compliance Organization over the past few years, making a significant contribution toward building a strong, exemplary compliance function that enjoys an excellent reputation around the world. We are grateful to her and wish her all the best for the future. We are very pleased that she’ll have a strong and experienced successor out of our own ranks. Annette Kraus has demonstrated her ability very successfully in a wide variety of positions at Siemens for more than ten years,” said Andreas C. Hoffmann, General Counsel and Head of the Legal and Compliance Department at Siemens AG.

Annette Kraus, herself an attorney, can draw on many years of expertise in compliance. She has been with Siemens since 2009, most recently as Chief Counsel Compliance and head of the global investigation team. Before that, she gained experience with every aspect of compliance management at Siemens in a variety of management positions. Annette Kraus also served as an advisor on compliance before joining Siemens, initially as a member of an international law office and later working for a management consulting firm.

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