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Siemens
Paulo Ruiz Sternadt named CEO for Dresser-Rand business



October 10, 2017

Paulo Ruiz Sternadt (42) has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks (54) who will leave the company at her own request.

Mr. Ruiz Sternadt brings to this position extensive leadership experience including more than 16 years with Siemens in multiple global roles in the U.S., Germany, Mexico and Brazil. He most recently was Executive Vice President of Global Solutions for the Dresser-Rand business and a member of its Executive Staff. In this role, he was responsible for creating new business opportunities and delivering solutions to customers for the Dresser-Rand business, which will serve the business well in the future.

Before joining the Dresser-Rand business, Mr. Ruiz Sternadt held a number of senior global business leadership roles in Siemens Energy Management Division in markets around the world. This experience provides valuable perspective to the Dresser-Rand business as energy markets continue to integrate along the energy value chain.

This press release and a press picture are available at www.siemens.com/press/PR2017100026PGEN

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of 79.6 billion and net income of 5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide.

Contact for U.S. journalists

Brie Sachse
Phone: +1 202-412-9598; E-mail brie.sachse@siemens.com

Contact for trade press

Janet Ofano
Phone: +1 704-551-5277 / +1 803-389-6753; E-mail: janet.ofano@siemens.com

For more information:

Organization:
Siemens

Address:
Freyeslebenstrasse 1
Erlangen, Germany
Germany, 91058
www.energy.siemens.com


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