Siemens’ UK chief executive Juergen Maier is to retire early after 33 years at the firm.
Maier was appointed to the role in 2014 and been a member of the executive board since 2008.
The 55-year-old said he was retiring to improve his work-life balance. He will remain in his post until the end of the year.
Maier’s successor has been announced as Carl Ennis, the company’s UK and Ireland head of product and system sales.
Writing in a blog post, Maier said: “Decisions to leave great companies and teams of people are not easy and after 33 years of working at Siemens, this was indeed one of those very tough decisions for me.
“The reason to retire now is purely a matter of life balance. Whilst I have always thrived on the hard work and adrenaline that comes with my job, I also know that the body needs a little rest at times. So, early retirement feels right at this point, to re-charge my energy to then take on some exciting new opportunities to support UK industry. I suspect that won’t take me too long!”