Tragedy in New York: well-known Spanish businessman Agustín Escobar has died
12 april 2025 в 06:37
Agustin Escobar was a father, husband, and successful leader of a technological company. A late businessman who was previously the head of Siemens in Spain, he died in a helicopter crash in April 2025 in New York.
«We deeply mourn the tragic helicopter crash in which Agustin Escobar and his family perished», - said Christoph Erhard, head of corporate public relations at Siemens, according to NBC News. «We express our sincere condolences to all their loved ones».
Below you can learn more about Escobar, his work, and what happened to him.
Escobar was a father, husband, and senior executive at Siemens, a German company headquartered in Munich, Germany. According to many sources, Escobar and his family were from Spain.
Escobar was the CEO of railway infrastructure at Siemens Mobility division.
Escobar’s net income is unknown, but Siemens reported billions of dollars in revenue. For the fourth quarter of the fiscal year 2024, Siemens reported a cash flow of 9.5 billion euros, which is over 10 billion dollars.
«At the level of 9.5 billion euros, we have again achieved excellent free cash flow in the fiscal year 2024», - said Siemens AG Chief Financial Officer Ralph P. Thomas in a statement, according to the 2024 press release. «In addition, we adhere to our path of strict capital allocation, using our strong balance sheet as the basis for continuing our targeted investments in profitable growth, providing attractive returns to our company’s owners. Our shareholders will benefit from the proposed increase in dividends to 5.20 euros and a corresponding dividend yield of 2.9 percent».
Escobar died in April 2025 after the helicopter he, his wife, and three children were in crashed into the Hudson River. The New York City Police found the remains of the Escobar family after the tragedy.
Jersey City Mayor Steven Fulpo shared more detailed information about Escobar’s helicopter crash in a statement. In his tweet, Fulpo noted that he was sharing the information because «life moves fast, and we don’t always think about how unpredictable and extremely fragile it is».
«About the helicopter crash. Husband (Escobar) was here on a business trip, and the family flew in to extend the trip for a couple of days in New York», - Fulpo wrote in the tweet. «They were celebrating mom’s 40th birthday with a tourist helicopter flight yesterday. The children were all under 11 years old. The brother-in-law is flying in this morning, and we are working with a medical examiner to expedite the family’s return to Spain. Take a moment today and think about this family and your own. These situations are always very difficult and sad»
«We deeply mourn the tragic helicopter crash in which Agustin Escobar and his family perished», - said Christoph Erhard, head of corporate public relations at Siemens, according to NBC News. «We express our sincere condolences to all their loved ones».
Below you can learn more about Escobar, his work, and what happened to him.
Escobar was a father, husband, and senior executive at Siemens, a German company headquartered in Munich, Germany. According to many sources, Escobar and his family were from Spain.
Escobar was the CEO of railway infrastructure at Siemens Mobility division.
Escobar’s net income is unknown, but Siemens reported billions of dollars in revenue. For the fourth quarter of the fiscal year 2024, Siemens reported a cash flow of 9.5 billion euros, which is over 10 billion dollars.
«At the level of 9.5 billion euros, we have again achieved excellent free cash flow in the fiscal year 2024», - said Siemens AG Chief Financial Officer Ralph P. Thomas in a statement, according to the 2024 press release. «In addition, we adhere to our path of strict capital allocation, using our strong balance sheet as the basis for continuing our targeted investments in profitable growth, providing attractive returns to our company’s owners. Our shareholders will benefit from the proposed increase in dividends to 5.20 euros and a corresponding dividend yield of 2.9 percent».
Escobar died in April 2025 after the helicopter he, his wife, and three children were in crashed into the Hudson River. The New York City Police found the remains of the Escobar family after the tragedy.
Jersey City Mayor Steven Fulpo shared more detailed information about Escobar’s helicopter crash in a statement. In his tweet, Fulpo noted that he was sharing the information because «life moves fast, and we don’t always think about how unpredictable and extremely fragile it is».
«About the helicopter crash. Husband (Escobar) was here on a business trip, and the family flew in to extend the trip for a couple of days in New York», - Fulpo wrote in the tweet. «They were celebrating mom’s 40th birthday with a tourist helicopter flight yesterday. The children were all under 11 years old. The brother-in-law is flying in this morning, and we are working with a medical examiner to expedite the family’s return to Spain. Take a moment today and think about this family and your own. These situations are always very difficult and sad»
© Artemenko Olga
