The members of the future management team have many years of international experience in the industry and in-depth knowledge of the challenges in the company’s businesses and markets as well as of its customers’ needs. A core element of the strategy will continue to be a strong presence and thus close customer proximity in the regions.
In addition to his current role as Chief
Operations Officer, Tim Holt will be nominated for the position of Labor
Director of Siemens Energy. Jochen Eickholt, who is currently Chairman of the
Portfolio Companies (POC) of Siemens AG, is a new member of the Siemens Energy
management team. Before moving to POC, Jochen Eickholt succeeded, among other
things, in getting Siemens Mobility back on track.
convinced that better outcomes are based on having different perspectives and experience
profiles within the team,” said Michael Sen, designated CEO
of Siemens Energy. “We’re progressing on our way rapidly and decisively. Siemens
Energy will be a leading force in the energy markets and further drive the
decarbonization of energy systems worldwide.”
Siemens Energy is to be spun off as a publicly
listed company by September 2020. Its offerings will address a significant
portion of the value chain across the oil and gas, power generation and power
transmission segments, including the related service activities. On a pro-forma
basis, Siemens Energy generates about €27 billion in revenue and has some
88,000 employees worldwide as well as an order backlog of €70 billion. Today,
20 percent of the world’s energy supply is already based on Siemens technology.