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(as of October 01, 2014)
Klaus P. Stegemann, 56, was named Chief Financial Officer of Siemens Corporation in June 2009 - a position he previously held from 2002 to 2005. He additionally serves as Cluster CFO for the Americas and coordinates CFOs throughout the Western Hemisphere, including the Clusters of North America, Brazil and Austral-Andina.
Prior to returning to the United States, he served from 2005 to 2008 as CFO of Siemens Medical Solutions/Siemens’ Healthcare Sector in Erlangen, Germany, where he oversaw all financial matters for this nearly $15 billion business with 48,000 employees worldwide.
In 2004, while previously serving as CFO of Siemens Corporation in New York, he also assumed responsibility for coaching Siemens’ CIO Americas organization, signaling information management’s importance as a key driver for business success.
Prior to joining Siemens Corporation, he was the CFO since 1999 of the worldwide Angiography, Fluoroscopy and Radiographic Systems Business of Siemens AG Medical Solutions (Forcheim, Germany), where he applied the financial strategies and tools that ultimately turned the business around in less than two years.
Klaus has had an exceptional 36-year career in financial operations at Siemens, both in the U.S. and in Germany. He has taken on a variety of important global challenges, in each case making a major contribution to Siemens’ business performance.
Before he joined Siemens Medical, Klaus cultivated a unique array of business unit experience in the U.S. and Germany, including projects at the Company’s Transportation Systems, Automation & Drives, Power Generation, Industrial Solutions & Services Groups, and at the Siemens AG Corporate headquarters, where he helped solve the tough business challenges associated with restructuring, integration and profitability.
A fisherman who also enjoys hiking, traveling and art, Klaus resides in New York City with his wife. They have one daughter.