Suess will be replaced by Lisa Davis, Shell’s executive vice president for strategy and portfolio, Germany’s Manager Magazin says in its online version, citing unnamed Siemens sources.

A Siemens Energy press official contacted by Recharge late Tuesday had no comment, but said that such a decisions could only be taken at a board meeting, which is currently still ongoing.

Siemens chief executive Joe Kaeser tomorrow morning will present a major restructuring of its business units.