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Siemens merges four divisions into one

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October 1, 2009 - Siemens Energy & Automation, Siemens Transportation Systems, Siemens Building Technologies, and Siemens VAI Services merged into a new company, Siemens Industry. Siemens appointed Daryl D. Dulaney, 56, as president and CEO of Siemens Industry.

Since 2007, Siemens has been globally aligning its businesses into three sectors: Healthcare, Energy and Industry. Siemens Industry will provide its U.S. customers in the fields of industry and infrastructure with integrated automation technologies as well as comprehensive industry-specific solutions. With more than 30,000 employees in 480 locations across the country, Siemens Industry will consist of six divisions including Industry Solutions, Industry Automation, Drive Technologies, Building Technologies, Mobility and OSRAM SYLVANIA.

“As Siemens Industry, we will be better positioned to create sustainable value as a fully-integrated technology company with products and solutions that reduce costs and deliver environmental benefits,” said Dulaney. “Siemens Industry has brought together the best people and will now have the strongest customer focus and most innovative portfolio in the marketplace. As a unified entity with simplified points of contact and streamlined processes, we will continue to help customers meet their challenges and be more competitive by enhancing their productivity, sustainability and profitability.”

Dulaney joined Siemens as a sales engineer in 1979, holding several key managerial positions, ranging from joint venture management in Hong Kong to senior vice president of field operations, North America, before being appointed president and CEO of Siemens Building Technologies in 2005.

Dulaney is also a board member of the Siemens Foundation, which provides more than $7 million annually in grants and other financial support towards science, technology, engineering and math education initiatives. Dulaney also serves on the Governing Board of Gilda’s Club Chicago, a cancer support organization founded to create a healing community for all people whose lives are impacted by the disease.

Dulaney earned a Bachelor of Science in Architecture from Ohio State University and Masters in Business Administration from the J. L. Kellogg School of Management at Northwestern University. He has two adult children and currently resides in Long Grove, Ill., with his wife, Jan.

About Siemens:
Siemens Industry, Inc. (SII) is the U.S. affiliate of Siemens’ global Industry Sector business—the world’s leading supplier of production, transportation and building technology solutions. The company’s integrated hardware and software technologies enable comprehensive industry-specific solutions for industrial and infrastructure providers to increase their productivity, sustainability and profitability. The Industry Sector includes six divisions: Building Technologies, Industry Automation, Industry Solutions, Mobility, Drive Technologies and OSRAM SYLVANIA. With nearly 222,000 Siemens Industry Sector employees worldwide, the Industry Sector posted a worldwide profit of $5.82 billion on revenues of $57 billion in fiscal 2008.

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