April 22, 2018 3:17 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Siemens AG

Company Overview

Siemens Power Generation gmbh offers power and energy solutions to companies in the energy and electricity industry. The company develops and builds fossil fuel power plants and power-generating components, as well as offers gas turbines, steam turbines, generators, gas turbine packages, steam turbine packages, compressors, fans, instrumentation and controls, electrical systems, wind turbines, fuel cells, fuel gasifies, turbochargers, and environmental systems. It serves power, oil and gas, air separation, building complexes, ceramics, chemicals, food and beverage, manufacturing, marine, metals, pulp and paper, textiles, and sugar industries. The company is based in Erlangen, Germany with lo...

Freyeslebenstrasse 1

Erlangen,  91058

Germany

Phone:

49 180 524 70 00

Fax:

49 180 524 24 71

Key Executives for Siemens AG

President
Vice President Photovoltaics Siemens Renewable Energy Division
Member of the Group Executive Management
Compensation as of Fiscal Year 2017.

Siemens AG Key Developments

Alstom SA and Siemens Announces Board Appointments

Siemens and Alstom have set the next key milestone for a champion in mobility. They have entered into a Business Combination Agreement (BCA) regarding the proposed combination of Siemens' mobility business, including its rail traction drive business, with Alstom. This BCA follows the Memorandum of Understanding signed on 26 September 2017 and the conclusion of the required works council information and consultation process at Alstom regarding the proposed deal. The BCA sets forth the terms and conditions agreed upon by the two companies. Both Alstom and Siemens also announced the proposed leadership for the future Board of Directors of Siemens Alstom. Siemens is proposing the nomination of Roland Busch, a member of the Managing Board of Siemens AG, to serve as Chairman of the combined entity's Board of Directors. This role would be in addition to Busch's duties at Siemens AG. Yann Delabriere, who is currently Lead Director of Alstom's Board would be appointed as Vice-chairman of the Board of Directors as independent director. It follows the announcement made on September 26, 2017 that Henri Poupart-Lafarge will continue to serve as CEO of the combined company as well as be a member of the Board of Directors. These nominations are subject to the approval of Alstom shareholders as well as completion of the deal itself following the approval by various authorities.

Siemens AG Presents at DistribuTECH 2018, Jan-23-2018

Siemens AG Presents at DistribuTECH 2018, Jan-23-2018 . Venue: Henry B. Gonzalez Convention Center, San Antonio, Texas, United States. Speakers: Heiko Englert, Head of Product Management Protection Relays, Stefan Nohe, Business Development Manager.

Siemens AG Presents at SPS IPC Drives 2017, Nov-28-2017 04:40 PM

Siemens AG Presents at SPS IPC Drives 2017, Nov-28-2017 04:40 PM. Venue: Nuremberg Messe, Nuremberg, Germany. Speakers: Peter Welp.

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