By Nathan Allen

Siemens AG (SIE.XE) said Wednesday that its supervisory board has decided to extend the contract of board member Cedrik Neike by five years.

Mr. Neike is the chief executive of Siemens's smart-infrastructure unit, which is set to become one of the group's core businesses once its energy business is spun off.

His contract will run until May 31, 2025, Siemens said.

The German engineering conglomerate said Chief Human Resources Officer Janina Kugel's contract will expire on January 31, 2020.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

July 31, 2019 10:47 ET (14:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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