Eric Spiegel appointed new CEO of the Siemens Corporation

As of January 18, 2010, Eric Spiegel (52) will head Siemens Corporation, the regional U.S. arm of the Siemens AG.
The U.S. citizen was a Senior Partner at Booz & Company, where he was employed since 1986. Spiegel brings more than 25 years of experience in key energy, manufacturing and utility industries. He began his career in the early 1980s at Temple, Barker & Sloane and Brown Boveri (later ABB). Spiegel received a bachelors degree in business from Harvard University in 1980 before earning a masters degree in business administration (MBA) from The Amos Tuck Graduate School of Business Administration at Dartmouth College in 1987.

Siemens has roughly 64,000 employees in the U.S. who generated according to latest figures revenues of almost €16 billion, or nearly one-fifth of Siemens total revenue.

About Siemens

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the worlds largest provider of environmental technologies, generating €23 billion nearly one-third of its total revenue from green products and solutions. In fiscal 2009, which ended on September 30, 2009, revenue totaled €76.7 billion and net income €2.5 billion. At the end of September 2009, Siemens had around 405,000 employees worldwide.
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