Siemens names Operating Company heads for Middle East 

As part of Siemens’ new structure outlined under Vision 2020+, the company announced the heads of the three Operating Companies that will lead its core businesses in the Middle East. Dietmar Siersdorfer will head ‘Gas and Power’, while Franco Atassi will lead “Smart Infrastructure’ and Uwe Troeger the ‘Digital Industries’ Operating Company. Under the new structure and with the help of its strong brand, Siemens aims to give the individual businesses more entrepreneurial freedom and a leaner company structure, accelerating growth and sharpening focus on their respective markets. With the new set-up, Siemens is eliminating the company’s divisions: Building Technologies, Energy Management, Power and Gas, Digital Factory and large parts of its Process Industries and Drives Division, to form the three new companies. 

Under Siersdorfer’s leadership, the Gas and Power business in the Middle East will focus on bringing the latest innovations in power generation to meet the growth requirements of countries in the region. It will address the challenges and opportunities energy transformation presents. These include decarbonization of fossil fuels; decentralized energy systems; and digitalization with its power to derive value from data and improve asset performance. Siersdorfer will continue to serve as the regional CEO of Siemens in the Middle East, a position he’s held since 2013. 

For Smart Infrastructure, Atassi will work with customers in the region to deliver solutions for smart cities and sustainable environments, using Siemens’ strengths in electrification, automation and digitalization. The operating company marries energy supply - spanning intelligent control across the grid, solutions from medium voltage substations and points of consumption – with building technology. Bringing these elements together enables a more effective use of energy and opens opportunities ranging from energy storage and prosumption to electric infrastructure and microgrids.  Atassi joins Siemens in the Middle East from the company’s operations in the United States where he was the Global Head of the Life Science Business at Siemens Building Technologies Global, as well as the regional head of the Healthcare Business Segment at Siemens Building Technologies Americas.

Uwe Troeger will drive the Digital Industries company, by bringing the latest solutions within Siemens’ Digital Enterprise to the Middle East’s burgeoning industrial sector. By using end-to-end digitalization of the entire value chain, regional companies can leapfrog other markets globally and enjoy greater flexibility and higher productivity without compromising on security. Troeger brings 30 years of experience in international business across oil and gas, industrial automation, process industries, and digitalization. 

Siemens Gas and Power (GP) is a global pacesetter in energy, helping customers to meet the evolving demands of today’s industries and societies. GP comprises broad competencies across the entire energy value chain and offers a uniquely comprehensive portfolio for utilities, independent power producers, transmission system operators and the oil and gas industry. Products, solutions and services address the extraction, processing and the transport of oil and gas as well as power generation in central and distributed thermal power plants and power transmission in grids. With global headquarters in Houston in the U.S. and more than 64,000 employees in over 80 countries, Siemens Gas and Power has a presence across the globe and is a leading innovator for the energy systems of today and tomorrow, as it has been for more than 150 years. 

Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. SI creates environments that care. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland, and has around 71,000 employees worldwide.

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 75,000 employees internationally.

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of €83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at www.siemens.com.