Roland Busch

{{Short description|German business executive, CEO of Siemens}}

{{Use mdy dates|date=July 2023}}

{{Infobox person

| name = Roland Busch

| image = File:Roland Busch (cropped).jpg

| landscape = yes

| caption = Busch in 2021

| birth_date = {{birth date and age|1964|11|22}}

| birth_place = Erlangen, West Germany

| education = University of Erlangen–Nuremberg
University of Grenoble

| title = CEO of Siemens (2021–present)

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| website =

| module = {{Infobox scientist

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| thesis_title = {{lang|de|Dissipative Prozesse im Mischzustand von Hoch-Tc-Supraleitern}}

| thesis_year = 1993

}}

}}

Roland Emil Busch ({{IPAc-en|ˈ|r|oʊ|l|ə|n|d|_|b|ʊ|ʃ}}; born 22 November 1964) is a German business executive and physicist. He is the President and Chief Executive Officer of Siemens AG.

Busch joined Siemens in 1994 as a project manager in the global Research Department.{{Cite web |last=Jayakumar |first=PB |date=2018-05-28 |title="Make in India still has a long way to go" |url=https://www.businesstoday.in/magazine/the-hub/story/make-in-india-still-has-a-long-way-to-go-says-roland-busch-106227-2018-05-28 |access-date=2024-09-09 |website=Business Today |language=en}} He has served in various leadership roles, including Chief Technology Officer from 2016 to 2020 and Deputy CEO from 2019 to 2021.{{Cite web |last=Chapman |first=Tom |date=2023-11-30 |title=Lifetime of Achievement: Roland Busch |url=https://businesschief.eu/articles/lifetime-of-achievement-roland-busch |access-date=2024-09-09 |website=businesschief.eu |language=en}} In 2021, he succeeded Joe Kaeser as the CEO and President of Siemens.{{Cite web |last=Denton |first=Jack |date=27 July 2021 |title=Siemens CEO Roland Busch on combining the real and digital worlds |url=https://www.fnlondon.com/articles/siemens-ceo-roland-busch-on-combining-the-real-and-the-digital-worlds-20210727 |access-date=2024-09-09 |website=Financial News}}{{Cite web |last=www.ETHRWorld.com |title=After years of restructuring, Siemens has a new CEO - ETHRWorld |url=https://hr.economictimes.indiatimes.com/news/industry/after-years-of-restructuring-siemens-has-a-new-ceo/80688640 |access-date=2024-09-09 |website=ETHRWorld.com |language=en}}

Early life and education

Roland Busch was born on November 22, 1964, in Erlangen, Bavaria, Germany. His father worked as a primary school principal, while his mother was employed at a local bank before becoming a full-time homemaker to care for Busch and his older brother.{{Cite news |last=Meck |first=Georg |date=2020-08-06 |title=Roland Busch ist neuer Siemens-Chef |url=https://www.faz.net/aktuell/wirtschaft/unternehmen/roland-busch-ist-neuer-siemens-chef-16886275.html |access-date=2023-07-08 |work=Frankfurter Allgemeine Zeitung |language=de |issn=0174-4909}}

He attended school in Erlangen and developed an interest in mathematics and science.{{Cite web |date=2021-09-20 |title=Once a quantum theorist, now the CEO of Siemens › Friedrich-Alexander-Universität Erlangen-Nürnberg |url=https://www.fau.eu/2021/07/08/news/once-a-quantum-theorist-now-the-ceo-of-siemens/ |access-date=2024-12-16 |archive-url=https://web.archive.org/web/20210920104320/https://www.fau.eu/2021/07/08/news/once-a-quantum-theorist-now-the-ceo-of-siemens/ |archive-date=September 20, 2021 }}

Busch obtained a degree in physics from Friedrich Alexander University (FAU), also known as the University of Erlangen-Nuremberg, with a thesis on Quantum Chromodynamics Theory. He later completed his doctoral dissertation on high-temperature superconductivity at FAU, earning his doctorate in 1994. During this time, he worked with physicist Günter Ries at Siemens, who was involved in MRI scanner development. Under Ries' mentorship, Busch explored the practical applications of physics, which influenced his decision to join Siemens after he completed his doctorate. Busch also holds an undergraduate degree from the University of Grenoble.{{Cite web |title=SIEGY Company Profile & Executives – Roland Emil Busch |url=https://www.wsj.com/market-data/quotes/SIEGY/company-people/executive-profile/43465888 |access-date=2023-07-08 |website=The Wall Street Journal}}

Career

File:Källenius and Busch 2024.jpg, China in 2024]]

Busch's journey with Siemens began in 1994 as a project head in Corporate Research and Development at Siemens' Erlangen office.{{Cite web |date=2018-05-28 |title="Make in India still has a long way to go" |url=https://www.businesstoday.in/magazine/the-hub/story/make-in-india-still-has-a-long-way-to-go-says-roland-busch-106227-2018-05-28 |access-date=2025-04-09 |website=Business Today |language=en}} He held various positions at Siemens AG and Siemens VDO Automotive until 2005, when he became President and CEO of Siemens VDO Automotive Asia Pacific Co. Ltd. in Shanghai, China, overseeing the company's operations in the Asia-Pacific region.{{Cite web |last=Denton |first=Jack |title=Siemens CEO Roland Busch on combining the real and digital worlds |url=https://www.fnlondon.com/articles/siemens-ceo-roland-busch-on-combining-the-real-and-the-digital-worlds-20210727 |access-date=2025-04-09 |website=www.fnlondon.com |language=en-GB}}

In 2007, he returned to Germany to lead the Mass Transit Division within the Transportation Systems Group (now Siemens Mobility), and in 2008, he became Head of Corporate Strategies in the Corporate Development Department at Siemens AG. In 2011, Busch joined the Managing Board of Siemens AG{{Cite web |title=Digitalisation Is Not About Taking Away Jobs: Siemens's Roland Busch |url=https://www.forbesindia.com/article/leaderboard/digitalisation-is-not-about-taking-away-jobs-siemenss-roland-busch/50209/1 |access-date=2025-04-09 |website=Forbes India |language=en}} and served as CTO and COO for a decade.{{Cite news |date=2018-08-02 |title=Siemens Chief Tech Officer Busch to become Chief Operating Officer |url=https://www.reuters.com/article/siemens-results-management-idUSZ8N1OC01I |access-date=2023-07-08 |work=Reuters}}

= CEO of Siemens AG =

Roland Busch succeeded Joe Kaeser as President and CEO of Siemens AG.{{Cite news |last=Prasad |first=Rachita |date=2020-03-20 |title=Siemens AG elevates CTO Roland Busch as CEO with aim to push digital business |url=https://economictimes.indiatimes.com/news/international/business/siemens-ag-elevates-cto-roland-busch-as-ceo-with-aim-to-push-digital-business/articleshow/74722561.cms?from=mdr |access-date=2025-04-09 |work=The Economic Times |issn=0013-0389}} Since taking on the role, he has overseen the company's expansion of offerings that integrate physical and digital technologies.{{Cite news |date=2020-03-19 |title=Roland Busch ist neuer CEO von Siemens |url=https://www.diepresse.com/5787896/roland-busch-ist-neuer-ceo-von-siemens |access-date=2023-07-08 |work=Die Presse |language=de}}

In June 2022, under his leadership, Siemens expanded its partnership with NVIDIA, led by CEO Jensen Huang, to advance the industrial metaverse, a virtual environment designed to simulate complex systems, such as factories, energy grids, and transportation networks. This collaboration integrates Siemens' physics-based digital models with NVIDIA's AI capabilities to create digital twins intended to support decision-making and enhance industrial operations.{{Cite web |date=2022-07-01 |title=Siemens, Nvidia collaborate to enable Industrial Metaverse |url=https://www.techcircle.in/2022/07/01/siemens-nvidia-collaborate-to-enable-industrial-metaverse |access-date=2025-04-09 |website=Techcircle |language=en}} Busch illustrated the application of technologies like digital twins and industrial AI during his keynote address at CES 2024.{{Cite web |last=Takahashi |first=Dean |date=2024-01-30 |title=Siemens CEO is all in on digital twins {{!}} Roland Busch interview |url=https://venturebeat.com/ai/siemens-ceo-is-all-in-on-digital-twins-roland-busch-interview/ |access-date=2025-04-09 |website=VentureBeat |language=en-US}}

In October 2023, Busch and Microsoft CEO Satya Nadella jointly announced the launch of the Siemens Industrial Copilot, an AI-powered assistant designed to improve automation and engineering efficiency.{{Cite web |last=Takahashi |first=Dean |date=2024-01-09 |title=Siemens teams up with Microsoft on cross-industry AI adoption |url=https://venturebeat.com/ai/siemens-teams-up-with-microsoft-on-cross-industry-ai-adoption/ |access-date=2025-04-09 |website=VentureBeat |language=en-US}} Thyssenkrupp Automation Engineering was among the first to adopt the technology, using it in battery machine development for electric vehicle quality inspections.{{Cite web |title=How AI is helping Siemens and thyssenkrupp bridge skilling gaps in manufacturing |url=https://news.microsoft.com/source/emea/features/how-ai-is-helping-siemens-and-thyssenkrupp-bridge-skilling-gaps-in-manufacturing/ |access-date=2025-04-09 |website=Source EMEA |language=en-US}}

Under Busch's tenure, Siemens formed partnerships with firms such as NVIDIA, Microsoft, and Amazon Web Services (AWS) to incorporate generative AI and cloud computing into its technology offerings.{{Cite web |date=2024-01-25 |title=Siemens And Amazon Web Services Partner To Democratize Generative AI Technology - Manufacturing AUTOMATION |url=https://www.automationmag.com/siemens-aws-partner-generative-ai/ |access-date=2025-04-09 |website=www.automationmag.com |language=en-US}}{{Cite web |last=Nuñez |first=Michael |date=2024-11-13 |title=Microsoft brings AI to the farm and factory floor, partnering with industry giants |url=https://venturebeat.com/ai/microsoft-brings-ai-to-the-farm-and-factory-floor-partnering-with-industry-giants/ |access-date=2025-04-09 |website=VentureBeat |language=en-US}}

Other activities

  • Chairman of the Asia-Pacific Committee (APA) of German Business{{Cite web |title=Siemens President takes over leadership of Asia-Pacific Committee of German Business |url=https://hanoitimes.vn/siemens-president-takes-over-leadership-of-asia-pacific-committee-of-german-business.584965.html |access-date=2025-04-15 |website=hanoitimes.vn |language=en}}
  • Supervisory Board Member, Munich Re (since 2024)[https://www.munichre.com/en/company/media-relations/media-information-and-corporate-news/media-information/2024/media-release-2024-04-25.html Annual General Meeting approves increased dividend of €15 per share] Munich Re, press release of 25 April 2024.
  • Chairman of the University Council, Friedrich-Alexander-Universität Erlangen-Nuremberg (FAU){{Cite web |date=2019-12-13 |title=University Council: A new chairperson and a new member |url=https://www.fau.eu/2019/12/news/university-council-a-new-chairperson-and-a-new-member/ |access-date=2025-04-15 |website=FAU Erlangen-Nürnberg |language=en-US}}
  • Vice Chairman of the Karl Heinz Beckurts Foundation{{Cite web |title=Roland Busch |url=https://symposium.org/speaker/54th-st-gallen-symposium/roland-busch |access-date=2025-04-15 |website=St. Gallen Symposium |language=en-US}}
  • Member of the Board, Federation of German Industries (BDI)
  • Member of the Management Board, German Electrical and Electronic Manufacturers' Association (ZVEI)
  • Member of the Board of Trustees, ESMT Foundation (European School of Management and Technology, Berlin)
  • Member, International Business Leaders Advisory Committee (IBLAC), Shanghai{{Cite web |title=Roland Busch: Shanghai is the right place for us to leverage the innovation potential of a powerful open ecosystem_IBLAC Shanghai 2024 |url=https://english.shanghai.gov.cn/en-IBLACShanghai2024/20240919/9cd90867a24b4ef6903d7e36cf1c1038.html |access-date=2025-04-15 |website=english.shanghai.gov.cn}}
  • Member of the Advisory Board, Tsinghua University School of Economics and Management, Beijing
  • Member, The Business Council, Washington, D.C.{{Cite web |title=Active Members |url=https://businesscouncil.com/active-members/ |access-date=2025-04-15 |website=The Business Council |language=en-US}}

Personal life

Busch resides in Erlangen and maintains a second residence in Munich near the Siemens headquarters.{{Cite news |last=Meck |first=Georg |date=2020-08-06 |title=Roland Busch ist neuer Siemens-Chef |url=https://www.faz.net/aktuell/wirtschaft/unternehmen/roland-busch-ist-neuer-siemens-chef-16886275.html |access-date=2023-07-08 |work=Frankfurter Allgemeine Zeitung |language=de |issn=0174-4909}} Known for his intense work schedule, he is reportedly the first to arrive at the company's fitness studio each morning.{{Cite web |last=Rathenow |first=Solveig |date=2022-03-23 |title=Siemens-Organigramm: Auf diese Top-Manager setzt CEO Roland Busch bei der Transformation des Traditionsunternehmens |url=https://www.businessinsider.de/wirtschaft/siemens-organigramm-diese-vier-manager-sollen-roland-busch-bei-der-transformation-des-174-jaehrigen-industrieunternehmens-helfen-p3/ |access-date=2023-08-19 |website=Business Insider |language=de-DE}} According to Frankfurter Allgemeine Zeitung, during his second marriage, he returned to work within an hour of the ceremony, followed by a weekend honeymoon in Austria. In his youth, he played guitar in a local band in Erlangen.

Views

In interviews, Busch has described his political orientation as centrist, expressing opposition to both right-wing populism and radical left-wing positions. While acknowledging the importance of addressing climate change, he has defended market-based economic systems, citing capitalism's role in reducing global poverty and increasing life expectancy.

Awards and honors

  • Bavarian Order of Merit (2023){{Cite web |last=Auer |first=Katja |date=2023-07-05 |title=Söder verleiht Bayerischen Verdienstorden an 88 Menschen |url=https://www.sueddeutsche.de/bayern/bayern-verdienstorden-soeder-auszeichnung-1.6000308 |access-date=2023-07-08 |website=Süddeutsche Zeitung |language=de}}

References