Siemens merges 4 businesses into Siemens Industry, names Dulaney to lead
Siemens appointed Daryl D. Dulaney as president and CEO of Siemens Industry Inc., which is the merger of Siemens Energy & Automation Inc., Siemens Transportation Systems Inc., Siemens Building Technologies Inc. and Siemens VAI Services LLC.
Siemens merged four businesses into one and appointed of Daryl D. Dulaney, 56, as president and CEO of the newly-formed Siemens Industry Inc. - the U.S. affiliate of Siemens' global Industry sector business. Effective today, Oct. 1, 2009, Siemens Energy & Automation Inc., Siemens Transportation Systems Inc., Siemens Building Technologies Inc. and Siemens VAI Services, LLC will merge, and the resulting corporation will be renamed Siemens Industry Inc.
Since 2007, Siemens has been globally aligning its businesses into three sectors: Healthcare, Energy and Industry, the company said. Siemens Industry will provide its U.S. customers in the fields of industry and infrastructure with integrated automation technologies as well as 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.
He 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.
- Edited by Mark T. Hoske, electronic products editor, MBT www.mbtmag.com.
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