Siemens informed that with effect from July 1, 2014, Janina Kugel will assume the position of Chief Diversity Officer (CDO) for Siemens AG in addition to her current responsibilities as Head of Personnel Strategy and Executive Development. Ms. Kugel replaces Denice Kronau, who is leaving the company on May 31, 2014 by mutual agreement to further pursue her writing and speaking career. "Ms. Kronau's outstanding contributions as CDO and leader of Siemens' Diversity Initiative ensured that Diversity has become a significant part of the Siemens values," said Siemens President and CEO Joe Kaeser. "I wholeheartedly thank Ms. Kronau for driving Diversity in Siemens globally with such enthusiasm and credibility. Under Ms. Kronau's leadership the Diversity Initiative achieved notable successes.