Siemens announces new CEO, Power and Gas

Caption: Willi Meixner will lead the Power and Gas Division as CEO. Courtesy Siemens.

Siemens (NYSE: SI) announced that Willi Meixner will serve as the chief executive officer (CEO) of the Power and Gas Division, effective March 15, 2015. Meixner succeeds Roland Fischer, who left Siemens at his own request.

Currently, Meixner serves as the CEO of the Distributed Generation and Compressors business unit and was responsible for service business for compressors, steam turbines and small gas turbines used primarily in the oil and gas industry. He more than 20 years experience in the power generation industry.

Meixner received a degree in mechanical engineering and an MBA from the European School of Management and Technologies in Berlin.

Siemens’ Power and Gas Division offers gas and steam turbines, and generators of all sizes up to turn-key power plants. Additionally the division provides compressors and aeroderivative gas turbines acquired from Rolls-Royce on December 1, 2014.