Compliance Organisation
To anchor compliance even more firmly in our management structure, Siemens established a new Managing Board position for legal and compliance matters at the beginning of fiscal 2008.
Board member Peter Y. Solmssen has assumed responsibility for this work in his capacity as General Counsel. He works closely together with Dr. Andreas Pohlmann, the newly appointed Chief Compliance Officer (CCO), who heads the Company-wide compliance organization and reports directly to Peter Solmssen and the CEO.
The CCO is assisted by additional compliance officers in each operating unit and each of the over 80 regional companies, who report directly to the CCO. Compliance within the company units is the responsibility of the unit CEOs, who receive support from the vertically structured compliance staff organization.
We report on the structure of the worldwide compliance organization with our Compliance Progress Reports.