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Joe Kaeser (*1957)

Joe Kaeser, 2014

Joe Kaeser has been President and Chief Executive Officer of Siemens AG since August 1, 2013. The former CFO inaugurated Vision 2020, giving the company a strategic concept that focuses on consistently occupying attractive growth fields across all aspects of electrification, automation and digitalization, sustainably strengthening the company’s core business and outpacing its global competitors in efficiency and performance. The plan relies on achieving short-term, medium-term and long-term goals and on fostering an ownership culture based on each individual employee’s dedication and sense of responsibility, from the Managing Board to trainees.


In  August 2017, the Supervisory Board of Siemens AG renewed Joe Kaeser’s appointment as President and CEO until the shareholders’ meeting in 2021. Thus the company can expect continuity and stability in its sustainable, successful implementation of the Vision 2020 corporate strategy. 

If you want to set the course, you can’t be guided by what others have done. You’ve got to anticipate changes and seize the opportunities they provide.

Joe Kaeser, 2014

Peter Löscher

Peter Löscher (*1957)

Peter Löscher, 2013

Peter Löscher was President and Chief Executive Officer of Siemens AG from July 1, 2007, to July 31, 2013. A native of Austria, Löscher was the first CEO in Siemens’ history to be appointed from outside the company. He successfully guided Siemens through a very challenging period marked by a major corruption scandal and later by the global financial and debt crisis. He established a culture of integrity at Siemens that is now considered exemplary worldwide. Under Löscher’s leadership, the company substantially improved its performance and profitability, enhanced its position in the emerging countries and tightened the focus of its portfolio.


After studying economics and business, Löscher began his professional career at the consulting firm Kienbaum und Partner. In 1988, he joined the pharmaceutical company Hoechst, for which he worked in Spain, the U.S., Germany, the UK and Japan, among other countries. From 2000 to 2002, following the merger of Hoechst with Rhône Poulenc Rohrer, he served as Chairman, President and CEO of Aventis Pharma Ltd. in Japan. In 2002, Löscher moved to the British life sciences company Amersham plc, where he served, among other things, as Chief Operating Officer. After Amersham was acquired by General Electric, he joined GE’s Executive Board and was appointed President and CEO of the company’s healthcare sector. In 2006, Löscher joined the pharmaceuticals company Merck & Co. Inc., where he served as a member of the Executive Committee and President of Global Human Health.

Klaus Kleinfeld

Klaus Kleinfeld (*1957)

Klaus Kleinfeld, 2004

Klaus Kleinfeld was President and Chief Executive Officer of Siemens AG from January 27, 2005, to June 30, 2007. Under his leadership, the companywide program Fit4More was launched in April 2005. In the spring of 2007, as part of this program, all the company’s Groups reached or exceeded their defined target margins – the first time this had ever happened. During Kleinfeld’s tenure, Siemens’ business activities were expanded into strategically key fields, and Siemens’ Information and Communications (I&C) Business Area was reorganized. The company’s value increased more than fifty percent from roughly €60 billion at the beginning of 2005 to about €95 billion.


Klaus Kleinfeld worked at Siemens for about 20 years. His achievements during this time included the transformation of Siemens Management Consulting into an effective partner for the company’s global businesses. Kleinfeld was also a member of the Group Executive Management of the company’s Medical Solutions Group and, as CEO of Siemens’ Regional Company in the U.S., made a significant contribution to turning the Siemens’ U.S. business around within a period of only two years.


Kleinfeld started his professional career at a consulting firm in Germany. Prior to joining Siemens, he was product manager at CIBA-GEIGY’s Pharmaceuticals Division in Basel, Switzerland. He studied business administration and economics in Göttingen, Germany, and obtained his doctorate at the Julius Maximilian University of Würzburg, Germany.

Heinrich von Pierer

Heinrich von Pierer (*1941)

Heinrich von Pierer, 2003

Heinrich v. Pierer studied law and economics at the University of Erlangen-Nuremberg, Germany. He joined Siemens in 1969 and began his professional career in the legal department. In 1977, Pierer moved to the power generation company Kraftwerk Union AG (KWU), which was then an independent entity. In 1988, he was appointed head of business administration at KWU, which had then become part of Siemens, and a member of its Group Executive Management. The following year, he was appointed President of KWU and a member of the Managing Board of Siemens AG. Pierer was appointe