Klaus Stegemann

Klaus Stegemann General Information

Biography

Mr. Klaus Stegemann served as Chief Financial Officer, Americas & Executive Vice President at Siemens. He also served as a Member of the Board at Siemens Foundation. 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 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. He 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, he 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.