Klaus Kleinfeld Assumes New Post as Chief of Siemens Worldwide Communications
Businesses
NEW YORK, Nov. 12 /PRNewswire-FirstCall/ -- Siemens today announced that
Klaus Kleinfeld, the president and chief executive officer (CEO) of its U.S.
operations will leave the U.S. to oversee the company's worldwide Information
and Communications businesses.
(Logo: http://www.newscom.com/cgi-bin/prnh/20021029/SILOGO )
The transition is effective January 1, 2004. A successor is expected to
be announced later this month. The headquarters for Siemens USA are in New
York City.
Kleinfeld, age 46, has served as president and CEO of Siemens USA since
January 2002. He previously served as the Chief Operating Officer for Siemens
USA.
In his new role, Kleinfeld will serve as a member of the Corporate
Executive Committee for Siemens AG, assuming special regional responsibilities
for Russia and the other former Soviet Republics, Africa, and the Middle East.
He also will supervise the company's corporate strategic planning function.
He will be based at the world headquarters of Siemens AG in Munich, Germany.
As president and CEO of Siemens USA, Kleinfeld has been responsible for
Siemens' US business activities, representing roughly 25 percent of Siemens
AG's global revenues. In that post, he was a prime driver in the launch and
execution of the company's successful "top+ US Business Initiative," through
which the company achieved record profitability in the U.S. Kleinfeld also
spearheaded programs to unify the company's individual business units into a
cohesive portfolio of businesses under the Siemens USA brand.
"I am very proud of the success that we have achieved in the U.S. in the
last two years and confident that the executive team and the organization are
well positioned to sustain our momentum and build upon our accomplishments,"
said Kleinfeld. "I am eager to share with the Worldwide Information and
Communications Groups the valuable tools and approaches we developed in the
U.S. I look forward to this new and exciting role."
Prior to coming to Siemens USA, Kleinfeld was executive vice president and
a member of the executive board of the Siemens Medical Engineering Group.
Kleinfeld is a member of the Board of Directors of the Centers for Disease
Control Foundation, the U.S. Chamber of Commerce and the Metropolitan Opera.
He is also a member of The Business Roundtable and serves on the boards of the
American Institute for Contemporary German Studies, The Turner Corporation and
the Partnership for New York City. He is also co-chair of the Mayoral
Advisory Task Force on Stimulating Growth and Diversification in the New York
City Economy, and is a member of the NYC2012 Board -- the organization seeking
to bring the 2012 Olympic Games to New York City.
Kleinfeld earned a Master's degree in Business Administration/Economics
from the University of Goettingen (Germany) in 1982. He received a Ph.D. in
Strategic Management from the University of Wuerzburg (Germany).
About Siemens
Siemens AG (NYSE: SI), headquartered in Munich, is a leading global
electronics and engineering company. Siemens and its subsidiaries employ
426,000 people in 190 countries and reported worldwide sales of $77.8 billion
in fiscal 2002 (10/1/01 - 9/30/02). The United States is Siemens' largest
market in the world, with 11 of Siemens' worldwide businesses headquartered
here and annual sales of $21.5 billion in fiscal 2002. The Siemens companies
in the U.S. employ approximately 70,000 people in all 50 states and Puerto
Rico. Corporate headquarters for Siemens' U.S. businesses are located in New
York City. For more information: http://www.usa.siemens.com.
SOURCE Siemens USA
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Related links:
http://www.usa.siemens.com
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Company News On-Call:
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CONTACT:
Paula Davis of Siemens, +1-212-258-4335,
paula.davis@siemens.com
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