Joe Kaeser

19 September 2013 — Siemens has appointed Ralf Thomas as its new chief finance officer taking over from Joe Kaeser who is the new chief executive.

Mr Kaeser, 56, has been with the company 30 years.

Mr Thomas, 52, has been finance chief of Siemens’ industrial products business for five years.

Siemens makes gas turbines and high-speed trains.