Siemens announces changes to its executive management team in the Middle East

For more than three decades, Kaeser (58) has contributed tremendously to the growth and development of the company’s operations in the Middle East and beyond. Under his leadership, Siemens achieved strong performance and further cemented its position as a leading technology provider across the Energy, Healthcare, Infrastructure and Cities and Industry sectors in the region where he held the position of CEO since 2008.

“Over the past years, Erich Kaeser has led our business in a direction of robust growth. I would like to thank him for his dedication and great commitment,” said Siersdorfer. “As we glance ahead, I look forward to taking on my new responsibilities within Siemens and working with our strong teams to steer the company towards further expansion and profitability by focusing on the strategic opportunities in front of us.”

“Siemens has played a key role in supporting the region’s development for more than 150 years. With yesterday’s announcement of Dubai’s win to host the Expo 2020, we see enormous growth opportunities in the Middle East. We are eager to contribute not only innovative technologies to the region’s economies, but also to its human development and sustainability,” Siersdorfer added.

Siersdorfer, based in the United Arab Emirates, joined Siemens in 1987 in Mannheim, Germany, as an electrical engineer and held various managerial positions in the Industry and Energy sectors during his tenure at the company. During his successful career at Siemens, his responsibilities covered different markets in Europe, the Americas, Asia Pacific, Africa and the Middle East.

The Middle East region at Siemens spans 15 countries.

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is one of the world's largest providers of environmental technologies. Around 43 percent of its total revenue stems from green products and solutions. In fiscal 2013, which ended on September 30, 2013, revenue from continuing operations totaled €75.9 billion and income from continuing operations €4.2 billion. At the end of September 2013, Siemens had around 362,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at:  www.siemens.com.