BNET Industries
Market Cap:$63.1B
Last Fiscal Year Sales:$116.6B
- Public
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Dow Jones Description
Siemens AG is a global powerhouse in electronics and electrical engineering, and operates in the industry, energy and healthcare sectors. For more than 160 years, Siemens has built a reputation for leading-edge innovation and the quality of its products, services and solutions.
Chief Executive Officer, UK & North West EuropeAndreas J. Goss
Number of Employees 428,000
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
Recent Events
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Zander Named to NetSuite Board
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Foreign Firms Trading With Iran Face Limits
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UPDATE 2-France may sell up to 15 pct of Areva - report
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Siemens PLM Software Releases New Offerings
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PLM software advances announced by Dassault, Siemens, Autodesk, Oracle
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Siemens, TNO to develop amino-acid salt-based carbon capture technology
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SuccessFactors Vice President of Asia-Pacific Engineering to Present on Linking Corporate...
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PLM software advances: Dassault, Oracle, Siemens
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Siemens Healthcare Testifies on Healthcare Reform and Building a Healthier America
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Siemens CEO Loscher Sees Green Tech Driving A New Industrialization
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Nexans` Low-Voltage Cables Power the New BioWanze Bioethanol Plant In Belgium
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Siemens Makes Innovation Accessible with Comprehensive Molecular Imaging Solutions
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Siemens Unveils Virtualization Services
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Siemens Introduces Ionpure VNX-HH Electrodeionization EDI Module With Higher Feedwater Hardness Tolerance
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How WorldCom took Nortel down with it
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Siemens' Stimulus Hype
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so long! Nortel!
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Nokia Siemens Set To Buy Nortel Wireless Units
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Nokia Siemens buying Nortel wireless units
News & Analysis
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siemens ag - All News and Analysis
Nokia Siemens buys US mobile operations
Nokia Siemens Network is buying the wireless unit of bankrupt Nortel Networks in a USD650m deal aimed at strengthening the company’s position in the US. The acquisition will see Nokia Siemens purchase the Long Term Evolution LTE and code division...
Nortel Selling Wireless Unit to Nokia Siemens
LOS ANGELES (Reuters) - Telecom equipment maker Nortel Networks NT said on Friday that it will sell its advanced wireless technology business to Nokia Siemens Networks NSN for US$650 million and that it was making progress in talks to sell its other businesses.Nortel, once the largest North American maker of...
Siemens Adopts SaaS-Based Solution from SuccessFactors
SuccessFactors announced yesterday that Siemens AG SI has agreed to adopt its Software-as-a-Service SaaS based, on-demand performance and talent management solutions across its worldwide operations of approximately 420,000 users across 80 countries in 20 different languages. This is the latest indication of the rapid adoption of SaaS-based solutions...
Valence Gets into Hybrid Boats, Grid Storage
Greentech Media submits: By Jeff St. John Valence Technology VLNC is expanding its battery...
Siemens buys stake in renewable energy firm
German engineering firm Siemens is paying an undisclosed sum to acquire a 25% stake in BGZ Beteiligungsgesellschaft. The firm finances, develops and operates biomass, wind and solar energy plants, and had revenues of USD71m in 2008. Through its wind energy subsidiary, WKN Windkraft Nord, BGZ has installed 730MW of...
Labor Costs Are Down, but Who Really Benefits?
Trader Mark submits: I've been meaning to write a post about an avalanche of furloughs, wage reductions, benefit reductions I've been stockpiling as they've come through over the past 2-3 months but simply have not had the time to do it. This story via Bloomberg talks about the subject from...
E.ON and Siemens plan CCS plant
E.ON Kraftwerke is partnering with Siemens to develop a pilot carbon capture and storage CCS facility at E.ON’s coal-fired power plant in Grosskrotzenburg, Germany. The technology will be employed at Unit 5 of its Staudinger plant, which has a capacity of 510MW. The pilot facility is expected to...
Beckman Coulter, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of David Lewis with Morgan Stanley. Please go ahead with your question. David Lewis – Morgan Stanley Hi good afternoon. Scott Garret Hi David. David Lewis – Morgan Stanley Few quick questions here Scott. I guess first talking...
Siemens Enterprise Communications and Tiburon, Inc. Partner to Provide Integrated Public Safety Systems
Announcing plans to partner in their solution offerings to provide customers with best of breed solutions in the area of public safety BOCA RATON, Fla., Jan. 28 /PRNewswire/ -- Siemens Enterprise Communications and Tiburon, Inc. announced today they have entered into a strategic partnership where together they can...
Siemens Putting Screws to GE's Immelt
Todd Sullivan submits: This is whom people compare GE GE to. If they are doing fine, ummm, Jeff, what's the problem? Siemens From the FT: by Todd Sullivan
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Andreas J. Goss | Chief Executive Officer, UK & North West Europe |
| Erich R. Reinhardt | CEO, Healthcare |
| Heinrich Hiesinger | CEO Industry Sector |
| Peter Loscher | President & Chief Executive Officer |
| Rudi Lamprecht | Executive Advisor to the CEO |
| Eduardo Montes | Group President, Communications Group |
| Barbara Kux | Head, Supply Chain Management & Chief Sustainability Officer |
| Hermann Requardt | Chief Technology Officer |
| Jill Lee | Chief Diversity Officer |
| Joe Kaeser | Chief Financial Officer |
| Jurgen Radomski | Chief Corporate Personnel Officer |
| Peter Y. Solmssen | General Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Gerhard Cromme | Supervisory Board Chairman |
| Birgit Grube | Supervisory Board Member |
| Josef Ackermann | Supervisory Board |
| Michael Diekmann | Board of Directors |
| Siegfried Russwurm | Managing Board Member |
| Wolfgang Dehen | Managing Board Member |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Chief Executive Officer, UK & North West Europe | Current |
| Siemens AG | Chief Financial Officer, UK | Former |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | CEO, Healthcare | Current |
| Siemens Medical Solutions GmbH | President & CEO | Current |
| Siemens AG | Board of Directors | Current |
Member of the Managing Board of Siemens AG Sector CEO Industry Special Responsibilities Corporate Information Technology Resume born on May 25, 1960 in Bopfingen, Germany Education Secondary school (baccalaureate) Studied electrical engineering at the Technical University of Munich, Germany (Dipl.-Ing., Dr.-Ing.) Professional History 1986 Technical University of Munich. Teaching Assistant 1992 Joined Siemens AG. Power Transmission and Distribution Group. High Voltage Division. Foreign Sales. Project Engineer, Project Head, Department Head 1995 Power Transmission and Distribution Group. High Voltage Division. Systems Subdivision. Head of Offers and Orders Processing 1996 Head of the Air-Insulated Switchgear Department 1997 Member of the Managing Board of P.T. Siemens Indonesia, Jakarta 1999 Siemens AG, Power Transmission and Distribution Group. Head of the Siemens Metering AG, Zug, Switzerland October 2000 President of the Power Transmission and Distribution Group October 2003 President and CEO of the Siemens Building Technologies AG June 2007 Member of the Managing Board of Siemens AG January 2008 CEO of the Industry Sector
| Organization | Position | Status |
|---|---|---|
| Siemens AG | CEO Industry Sector | Current |
| Siemens Building Technologies Ltd. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | President & Chief Executive Officer | Current |
| Siemens AG | Chairman | Current |
| Hoechst Marion Roussel | President and CEO, UK and Japan | Former |
| Aventis Pharmaceuticals Inc | Chairman, President and CEO, Japan | Former |
| GE Healthcare Bio-Sciences | President and CEO | Former |
| Merck & Co. Inc. | President of Global Human Health | Former |
| Amersham Plc | Chief Operating Officer | Former |
| Harvard Business School | AMP | Former |
| Amersham Plc | Board of Directors | Former |
| Smiths Group PLC | Board of Directors | Former |
| Vienna University of Economics and Business Administration | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Executive Advisor to the CEO | Current |
| Fujitsu Siemens Computers (Holding) B.V. | Vice Chairman | Current |
| Siemens AG | President, Public Communication Systems Group | Former |
| Tektronix, Inc. | President, European Operations, Tektronix International | Former |
| Siemens Nixdorf Informationssysteme, AG (SNI) | Regional Manager Europe & Executive Vice President | Former |
| Hewlett-Packard Company | European Sales Manager, Computer Systems | Former |
| Hewlett-Packard Company | Sales Development Engineer | Former |
| Fujitsu Siemens Computers (Holding) B.V. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Group President, Communications Group | Current |
Member of the Managing Board of Siemens AG Head of Supply Chain Management Special Responsibilities Global Shared Services Resume born on February 26, 1954 in Zurich, Switzerland Education Gymnasium, Matura in Zurich AFS Scholarship, USA INSEAD Fontainebleau, MBA with Distinction Professional History 1978 Nestlé Deutschland subsidiary, Marketing Manager 1984 McKinsey & Company, inc., Düsseldorf - Management Consultant - Engagement Manager 1989 Asea Brown Boveri AG, Zurich - Vice President for Eastern Europe - President ABB Power Ventures 1993 Nestlé S.A., Vevey, Switzerland - Vice President for Central and Eastern Europe - President Nestlé Holding Poland 1995 Invited to join the select group of Global Leaders of Tomorrow at the World Economic Forum in Davos 1999 Ford Motor Company, Vienna and Cologne - Executive Director Central European Sales Operations - Executive Director Ford of Europe with responsibility for operational synergies 2003 Royal Philips Electronics N.V, Amsterdam, Netherlands - Member of the Group Management Committee and Chief Procurement Officer - since 2005, alsBioo responsible for sustainability and green business 2008 Siemens AG, Member of the Managing Board and Head of Supply Chain Management and Chief Sustainability Officer of Siemens AG
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Head, Supply Chain Management & Chief Sustainability Officer | Current |
| Philips Sa | Chief Procurement Officer | Former |
| Global Strategies, Incorporated | Engagement Manager | Former |
| Business Transformations | Engagement Manager | Former |
| Global Strategies, Incorporated | Management Consultant | Former |
| McKinsey & Company, Inc. | Management Consultant | Former |
| Business Transformations | Management Consultant | Former |
| INSEAD | MBA | Former |
Member of the Managing Board of Siemens AG Sector CEO Healthcare Head of Corporate Technology Resume born on February 11, 1955 in Engern, Germany Education Secondary school (baccalaureate) Studied physics at the Technical University of Darmstadt and University of Frankfurt (Dr. phil. nat., Dipl.-Phys.) Professional History 1979 Frankfurt University. Academic Assistant 1982 Deutsche Forschungs- und Versuchsanstalt f. Luft- und Raumfahrt e.V., Institute for Aviation Medicine. Research Assistant 1984 Joined Siemens AG, Medical Engineering Group, Sectional Imaging Division, Development for Nuclear Spin Tomography Physics, Imaging Systems and Magnetic Resonance. Researcher 1989 Magnetic Resonance Division. Head of Development 1991 Magnetic Resonance Division. Head of Project Management 1992 Head of High-Field Systems Development 1993 Pilot Project for Development, Production and Marketing of Surface Coils. Project Head 1995 Head of the Magnetic Resonance Division January 2001 Member of the Group Executive Management of the Medical Solutions Group May 2006 Member of the Managing Board of Siemens AG June 2006 Honorary Professorship at Johann Wolfgang Goethe University in Frankfurt, Germany (Physics) October 2006 Member of the Managing Board of Siemens AG Head of the Corporate Technology Department December 2008 Additionally: CEO of the Healthcare Sector
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Chief Technology Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Chief Diversity Officer | Current |
| Siemens AG | Chief Financial Officer, Siemens China | Former |
Member of the Managing Board of Siemens AG Head of Corporate Finance and Controlling Special Responsibilities Siemens Financial Services Siemens IT Solutions and Services Siemens Real Estate Resume born on June 23, 1957 in Arnbruck, Germany Education Studied Business Administration, Fachhochschule Regensburg Dipl.-Betriebswirt Professional History 1980 Joined Siemens AG, Components Group Head of Business Administration, Discrete Components Head of Business Administration, Semiconductor Facility, Regensburg Head of Business Administration Tasks Cost Accounting Office, Product Planning 1987 Siemens Semiconductors, Malacca, Malaysia Head of Business Administration Projects 1988 Siemens AG, Semiconductors Group Head of Business Administration, Discrete Semiconductors 1990 Head of Business Administration, Opto Semiconductors 1995 Siemens Microelectronics Inc., San José, California Executive Vice President and Chief Financial Officer 1999 Siemens AG, Corporate Finance, Accounting Unit, Controlling and Taxes, Head of Performance Controlling April 2001 Member of the Group Executive Management, Information and Communication Mobile October 2004 Head of Corporate Strategies May 2006 Member of the Managing Board of Siemens AG Chief Financial Officer
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Chief Corporate Personnel Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Instrumentarium Corporation | Vice President | Current |
| Siemens AG | General Counsel | Current |
| Siemens AG | Managing Board | Current |
| The German-American Chamber of Commerce, Inc | Vice Chairman | Current |
| GE Healthcare | Executive Vice President | Former |
| GE Advanced Materials | Vice President and General Counsel | Former |
| Morgan, Lewis & Bockius LLP | Senior Partner | Former |
| University of Oxford | Fellow | Former |
| GE Advanced Materials | General Counsel | Former |
| University of Pennsylvania | Law Degree | Former |
| Harvard University | A.B. In History and Literature | Former |
| Organization | Position | Status |
|---|---|---|
| Thyssen Krupp, Inc. | Supervisory Board Chairman | Current |
| Siemens AG | Supervisory Board Chairman | Current |
| Axel Springer AG | Board of Directors | Current |
| Axel Springer AG | Supervisory Board | Current |
| BNP Paribas SA | Board of Directors | Current |
| Allianz SE | Supervisory Board | Current |
| Compagnie de Saint-Gobain SA | Member | Current |
| Harvard Law School | Law Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Siemens AG | Supervisory Board Member | Current |
Dr. Josef Ackermann is Chairman of the Management Board and the Group Executive Committee of Deutsche Bank. He studied Economics and Social Sciences at the University of St. Gallen, and in 1977 - after obtaining his doctorate - he joined Schweizerische Kreditanstalt (SKA). In 1990, Ackermann was appointed to the Executive Board of SKA, becoming its President in 1993. In 1996, Ackermann joined the Management Board of Deutsche Bank, where he was responsible for the investment banking division. In 2002, he became Spokesman of the Management Board and Chairman of the Group Executive Committee. He was appointed Chairman of the Management Board on February 1, 2006. Under his leadership, the investment banking business became one of Deutsche Bank's principal sources of revenue, joining the top tier of global investment banks within a few years. From 2006 onwards, he pursued the expansion of 'stable' businesses through targeted acquisitions and investments. In September 2008, Ackermann made the key decision to further strengthen Deutsche Bank's Private & Business Clients business by taking a stake in Postbank with the option to buy the company. Ackermann is a member of the Supervisory Board of Siemens AG, of Royal Dutch Shell plc and of the International Advisory Council of Zurich Financial Services Group. He also plays an active role in, among other things, the Initiative Finanzstandort Deutschland (member of the Initiators' Group), the Institute of International Finance (Chairman of the Board), the World Economic Forum (Vice-Chairman of the Foundation Board), the St. Gallen Foundation for International Studies (Chairman) and the Metropolitan Opera New York (Advisory Director). Since 2007, Ackermann has been a Visiting Professor in Finance at the London School of Economics. In 2008, he was named Honorary Professor at Frankfurt's Johann Wolfgang Goethe University and was appointed to the Honorary Senate of the Lindau Meetings of Nobel Laureates.
| Organization | Position | Status |
|---|---|---|
| Deutsche Bank AG | Chief Executive Officer | Current |
| Alfred Herrhausen Society | Chairman | Current |
| Siemens AG | Supervisory Board | Current |
| Credit Suisse Group | President, Executive Board | Former |
| University of St. Gallen | Research Assistant, Institute of Economics | Former |
| Bayer AG | Supervisory Board | Former |
| University of St. Gallen | Doctorate, Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Allianz SE | Chief Executive Officer | Current |
| BASF SE | Deputy Chairman | Current |
| BASF Aktiengesellschaft | Deputy Chairman of the Supervisory Board | Current |
| Siemens AG | Board of Directors | Current |
| Dresdner Bank AG | Board of Directors | Current |
| Linde AG | Deputy Chairman | Former |
Member of the Managing Board of Siemens AG Head of Corporate Human Resources Labor Director of Siemens AG Management Consulting Personnel Special Responsibilities Europe, Commonweatlh of Independent States (C.I.S.), Africa, Middle East Resume born on June 27, 1963 in Marktgraitz, Germany Education Secondary school Studied production engineering Dr.-Ing., Dipl.-Ing. Professional History 1988 University of Erlangen-Nuremberg. Department of Engineering Mechanics. Research Assistant 1989 University of Erlangen-Nuremberg. Department of Engineering Mechanics. Research Associate 1992 Joined Siemens AG. Medical Engineering Group. Radiographic Systems Division. Process Planning, Assembly and Control Department, Kemnath, Germany - Production Planner and Project Head - Department Head - Head of Production Facility, Erlangen - Head and Chief Operating Officer of Production Facility, Kemnath Additionally: Head of Mechanical Systems Production Center - Head and Chief Operating Officer of Production Center, Erlangen/Forchheim - Head of Components Division 1999 Siemens Elema AB, Solna, Sweden. Head of Electromedical Systems Division, Sweden and U.S. January 2003 Automation and Drives Group, Erlangen, Germany. Head of Motion Control Systems Division May 2006 Member of the Group Executive Management of Medical Solutions January 2008 Member of the Managing Board of Siemens AG Head of Corporate Human Resources and Labor Director
| Organization | Position | Status |
|---|---|---|
| Siemens Medical Solutions GmbH | Member, Management Bd | Current |
| Siemens AG | Managing Board Member | Current |
Member of the Managing Board of Siemens AG Sector CEO Energy Special Responsibilities Asia, Australia Resume born on February 9, 1954 in Solingen, Germany Education Studied business administration at the University of Siegen, Siegen, Germany Dipl.-Kfm. Professional History 1979 Alfred Teves GmbH, Frankfurt, Germany. Marketing Systems. Market analyst 1982 Alfred Teves GmbH, Frankfurt. Assistant to the Chairman of the Executive Management 1984 Alfred Teves GmbH, Frankfurt. Spare parts / Customer Service. Head of Export. Assistant Head of Sales 1987 Alfred Teves GmbH, Frankfurt. Head of Kolb GmbH & Co., Wuppertal, Germany. Acquisition of Alfred Teves GmbH by ITT Automotive 1992 ITT Automotive GmbH, Frankfurt. Head of Aftermarket Operations Europe 1995 ITT Automotive GmbH, Bietigheim-Bissingen, Germany. Electrical Systems Group. Head of Switch and Sensor Product Lines 1997 ITT Automotive GmbH, Bietigheim-Bissingen. Electrical Systems Group. Head of Business Unit Europe 1998 ITT Automotive GmbH, Bietigheim-Bissingen. Head of Switch and Sensors Europe Division Acquisition of ITT Automotive by VALEO 2001 VALEO, Paris France. Switches & Detection Systems. Branch Vice President July 2002 Group President of Siemens VDO Automotive AG January 2008 Member of the Managing Board of Siemens AG CEO of the Energy Sector
| Organization | Position | Status |
|---|---|---|
| Siemens VDO Automotive AG | Chairman & CEO | Current |
| Siemens AG | Managing Board Member | Current |
Executive News
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Siemens CEO Loscher Sees Green Tech Driving A New Industrialization
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Siemens CEO Loscher Sees Green Tech Driving A New Industrialization
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Siemens CEO Loscher Sees Green Tech Driving A New Industrialization
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Siemens CEO Loscher Sees Green Tech Driving A New Industrialization --Loscher: "Renewable energy and more efficient products will drive future economic growth"
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Siemens CEO Loscher Sees Green Tech Driving A New Industrialization
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UPDATE: Siemens: Company On Track To Meet Fiscal Year 2009 Goals
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UPDATE 1-Siemens CFO says no industry automation trough yet
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Siemens Sees Boost From Stimulus Cash
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2nd UPDATE: Siemens Eyes Orders From Econ Stimulus Plans
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Market Report -- In Play (SI)
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Siemens expects EUR6bn in green technology orders from global stimulus programmes
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Siemens CFO: To Negotiate With Areva On Nuclear Pwr JV First
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Siemens Expects Around $21 Billion in New Orders From Stimulus Programs Worldwide
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Siemens Expects Around $21 Billion in New Orders From Stimulus Programs Worldwide --Green technologies will account for 40 percent of this planned order volume by the end of 2012
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Siemens Expects Around $21 Billion in New Orders From Stimulus Programs Worldwide
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Siemens Expects Around $21 Billion in New Orders From Stimulus Programs Worldwide
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U.S. Intervention Pits 'Gets' vs. 'Get-Nots'
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IMF, World Bank Differ on Outlooks
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Siemens creates more transparency with its first sustainability report
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Siemens CFO:Would Review Areva Elec Distribution Operations Purchase
| Volume | 370,782 |
| Shares Outstanding | 914.2M |
| Market Cap | 63.1B |
| Year High | 123.81 |
| Year Low | 43.89 |
| Earnings Per Share | 1.3870 |
| P/E Ratio | 49.7981 |
| Dividend | 1.5522 |
| Yield | 2.2473 |
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