Siemens names Willi Meixner CEO of Power and Gas
The 50-year-old replaces Roland Fischer who left at his own request.
Siemens has appointed Willi Meixner as the CEO of the Power and Gas Division following the departure of Roland Fischer, who left Siemens at his own request.
Prior to his appointment, effective as of 1 March, 50-year-old Meixner was serving as the CEO of the Distributed Generation and Compressors business unit which develops compressors, steam turbines and small gas turbines used primarily in the oil and gas industry.
He has worked for more than 20 years in various positions in the power generation industry and holds a degree in mechanical engineering as well as an MBA degree from the European School of Management and Technologies in Berlin.
"With his strong focus on our customers and his experience in leading and in the industry, Willi Meixner is certainly the right person to lead the Power and Gas Division through the challenging market of today and to strengthen our competitiveness for tomorrow", said Lisa Davis, member of the managing board of Siemens.
Products from the Power and Gas Division range from gas and steam turbines and generators of all sizes up to turn-key power plants.
The division is also home to the business for compressors and aeroderivative gas turbines acquired from Rolls-Royce on 1 December, 2014.
Power and Gas Division achieved revenues of EUR 12.7bn and profits of EUR 2.2bn in the year to 30 September, while new orders amounted to EUR 14bn.