World Economic Forum Appoints Joe Kaeser to its Board of Trustees

  • Joe Kaeser joins the World Economic Forum Board of Trustees
  • The Board of Trustees serves as the guardian of the World Economic Forum’s mission and values
  • For more information about the World Economic Forum, see www.weforum.org

Geneva, Switzerland, 7 March 2022 – The World Economic Forum announces that Joe Kaeser, Supervisory Board Chairman at Siemens Energy AG and at Daimler Truck AG, is to join its Board of Trustees. With his track record of thought leadership and long-term success in his field, Kaeser will contribute to strengthening the Forum’s platform for public-private cooperation.

Kaeser currently serves as Chairman of the Supervisory Board of Siemens Energy AG and Daimler Truck Holding AG. From 2013 until 2021, he was President and CEO of Siemens AG. Previously, since 2006, he served as Chief Financial Officer. In his 41-year career with Siemens, he has held different positions in various businesses across the globe, from Asia to Silicon Valley to Germany. He is a strong proponent of stakeholder capitalism and believes that companies need to contribute to the common good of society. His mantra is: “The business of business is to serve society.”

“The World Economic Forum, as the International Organization for Public-Private Cooperation, is delighted to welcome Joe Kaeser to its Board of Trustees, strengthening the body’s global industry experience,” said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

As of 7 March 2022, the Members of the Board of Trustees of the World Economic Forum are:

Klaus SCHWAB* Chairman of the Board of Trustees, World Economic Forum

Peter BRABECK-LETMATHE* Vice-Chairman, Board of Trustees, World Economic Forum

Mukesh AMBANI Chairman and Managing Director, Reliance Industries, India

Marc BENIOFF Chairman and Co-Chief Executive Officer, Salesforce, USA

Thomas BUBERL*, ** Chief Executive Officer, AXA, France

Mark CARNEY United Nations Special Envoy for Climate Action and Finance, United Nations

Laurence D. FINK Chairman and Chief Executive Officer, BlackRock, Inc.

Chrystia FREELAND Deputy Prime Minister and Minister of Finance, Office of the Deputy Prime Minister of Canada

Orit GADIESH** Chairman, Bain & Company, USA

Kristalina GEORGIEVA Managing Director, International Monetary Fund, Washington DC

Fabiola GIANOTTI* Director-General, European Organization for Nuclear Research (CERN), Geneva

Al GORE Vice-President of the United States (1993-2001); Chairman and Co-Founder, Generation Investment Management, USA

André HOFFMANN* Non-Executive Vice-Chairman, Roche Holding Ltd., Switzerland

Paula INGABIRE Minister of Information Communication Technology and Innovation, Ministry of Information Communication Technology and Innovation of Rwanda

Joe KAESER Chairman of the Supervisory Board, Siemens Energy AG, Germany

Christine LAGARDE President, European Central Bank, Frankfurt am Main

Yo-Yo MA Cellist

Peter MAURER President, International Committee of the Red Cross (ICRC), Switzerland

Luis MORENO** Managing Director, Allen & Company, USA

Patrice MOTSEPE Founder and Executive Chairman, African Rainbow Minerals, South Africa

Ngozi OKONJO-IWEALA Director-General, World Trade Organization (WTO), Geneva

H.M. Queen Rania AL ABDULLAH of the Hashemite Kingdom of Jordan

L. Rafael REIF President, Massachusetts Institute of Technology (MIT), USA

David M. RUBENSTEIN Co-Founder and Co-Executive Chairman, Carlyle Group, USA

Mark SCHNEIDER Chief Executive Officer, Nestlé SA, Switzerland

Tharman SHANMUGARATNAM Senior Minister and Coordinating Minister for Social Policies of Singapore

Jim Hagemann SNABE* Chairman, Supervisory Board, Siemens AG, Germany; Chairman, A.P. Møller-Maersk, Denmark

Julie SWEET Chair and Chief Executive Officer, Accenture, USA

Heizo TAKENAKA** Minister of State for Economic and Fiscal Policy of Japan (2002-2006)

Min ZHU* Chairman, National Institute of Financial Research, People’s Republic

of China; Deputy Managing Director, International Monetary Fund, Washington DC (2011-2016)

*Member of the Governing Board

**Member of the Audit & Risk Committee

WEF Release. More on this here.