Siemens investor Deka to vote against Jim Hagemann Snabe as chairman


FILE PHOTO: Chairman of the supervisory board of German industrial conglomerate Siemens, Jim Hagemann Snabe attends the virtual annual shareholder meeting in Munich, Germany, February 10, 2022. Sven Hoppe/Pool via REUTERS/File Photo

ZURICH (Reuters) - Siemens shareholder Deka Investment will vote against the reelection of Jim Hagemann Snabe as chairman at the German engineering group, it said on Monday.

Snabe, who has been a member of the Siemens supervisory board since 2013 and chairman since 2018, is seeking two more years as chairman at the company's shareholder meeting on Thursday.

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