Siemens Healthineers is restructuring its leadership team while lowering its profit outlook for 2026 due to market challenges, particularly affecting its diagnostics segment which saw a 6.5% decline in revenue year-over-year, mainly attributed to issues in the China market. CEO Bernd Montag announced the leadership changes alongside an updated growth forecast, projecting lower revenue growth for fiscal 2025 and revised earnings per share expectations. Key appointments include Andreas Schneck as head of diagnostic imaging, Philipp Fischer as head of advanced therapies, and Sonja Wehsely as head of the Europe, Middle East, and Africa segment, all effective June 1. Elaine Becraft will become chief human resources officer on October 1. These changes coincide with Siemens' plans for a spin-off of the Healthineers business, with a shareholder vote anticipated in February.
Fri, 08 May 2026 07:51:10 GMT | Radiology Business