Management & Corporate Structure

David Aiken

Acting Head and CFO GSS Region Americas

David Aiken joined Siemens in 2002 as controller for Siemens Shared Services, LLC. He was promoted to CFO in 2004, responsible for all aspects of financial control, risk management, and financial reporting. In addition to being CFO, David is also currently the acting Head of Global Shared Services - Americas. In this capacity he is responsible for the development and delivery of Shared Services in Accounting and Finance, Human Resources, and Procurement for Siemens businesses operating in the United States, Canada, and Latin America.

Before joining Siemens, David held senior finance roles with The Pillsbury Company, based in Minneapolis US. Previously David worked for Grand Metropolitan in London, and the company’s European food division, based in Paris.

David earned a Bachelor of Science in Accounting and Management from the University of Cardiff and is a Chartered Management Accountant.

Dr. Chenyang Xu

General Manager, Siemens Technology-to-Business Center

Dr. Chenyang Xu is General Manager of the Technology-to-Business Center (TTB), part of Siemens Corporate Research, located in Berkeley, California. He is responsible for driving innovation processes for TTB. A Senior Member of the Institute of Electrical and Electronics Engineers, he has 37 patent filings and authored 70 scientific publications. Xu has given numerous invited talks at international conferences and more than 20 universities worldwide, the most recent covering the challenges and opportunities in robotic surgery.

Graduating from Johns Hopkins University with a PhD in Electrical and Computer Engineering, he has an impressive record of several promotions over the past decade. He received the Frost & Sullivan's 2006 Excellence in Technology Award for his efforts as co-inventor of the world’s first commercial 3D imaging guidance technology product.

Founded in 1999, TTB systematically explores and transforms external technologies into breakthrough product innovations while promoting growth opportunities for Siemens’ core businesses. 

Dr. Ralf Schnell

President and Chief Executive Officer, Siemens Venture Capital, Inc.

Before joining Siemens Venture Capital as President and CEO, Ralf Schnell built up Infineon Technologies corporate venture capital activities since 1998 and was managing director of Infineon Ventures GmbH. Prior to joining Infineon Technologies in 1998, Ralf worked with Siemens AG for 11 years. In his last position, he was responsible for a corporate venture nurturing program and coordinated a Siemens-wide innovation initiative. Before that, he held various positions in microelectronics and software development in the corporate division Research and Technology as well as in the corporate department Corporate Technology.

He obtained his degree in physics from the Ludwig-Maximilians-University, Munich and his PhD in physics with research work in semiconductor surface physics at the synchrotron radiation laboratories in Hamburg and Berlin.

Siemens Venture Capital (SVC) is the 700 million euro corporate venture organization for Siemens AG, one of the largest global electronics and engineering companies, with reported worldwide sales of 87.3 billion euros in fiscal 2006. SVC's goal is to identify and fund investments in emerging and innovative technologies that will enhance the core business scope of Siemens, particularly in automation and control, medical solutions, information and communications, power, automotive technology and transportation systems, and lighting.

To date, SVC has invested some 700 million euros in well over 100 startup companies and 30 venture capital funds, mainly in the U.S., Europe and Israel, thus playing a key role in the global network of innovation. SVC is located in Germany (Munich), in the U.S. (San José, CA and Boston, MA), in China (Beijing and Shanghai), in India (Mumbai and Bangalore), and is active through Siemens´ regional unit in Israel. www.siemensventurecapital.com

Gerard A. Halpin, III

President and Chief Executive Officer, Siemens Capital Company LLC

Gerard A. Halpin, III joined Siemens Capital Company LLC (Iselin, NJ) on October 1, 2007 as its President and Chief Executive Officer. Prior to assuming his new position at Siemens Capital, Gerry was the Vice President and Treasurer of Siemens Corporation (New York, NY) since January 2001. In these roles, he is responsible for implementing treasury strategy for all Siemens companies in the Americas. In addition, he is responsible for cash management, bank relations, debt issuance, risk management – foreign exchange and interest rates – (including proprietary trading), pension/savings plan investments and the capital structure. He also serves as the liaison between the Central Finance teams at Siemens AG, Siemens Financial Services, and the Siemens’ U.S. Operating Companies.

Prior to Siemens, Gerry was Vice President and Treasurer at Stone & Webster, Inc., where he had responsibility for all debt, equity and capital structure transactions. He has also held treasury positions at PepsiCo, Inc., Macmillan, Inc. and General Electric Company. He began his career at Arthur Andersen & Co., where he was an external auditor.

Gerry graduated from The College of the Holy Cross in Worcester, Massachusetts, with a Bachelors of Arts degree in Economics. He also holds a Master’s degree in Business Administration from the Darden Graduate Business School at the University of Virginia.