New heads of Siemens Mobility Division appointed

Sabrina Soussan will remain CEO of Siemens' Mainline Transport and Urban Transport Business Units in addition to heading the Mobility Division

Soussan will remain CEO of its Mainline Transport and Urban Transport Business Units and will continue to be responsible for the Mobility Division’s high-speed trains, commuter and regional trains, locomotives, metro systems and tram and light rail systems and will now head its service business.

Peter will also continue to serve as CEO of the Mobility Management Business Unit and will also now head the company’s turnkey solutions and rail electrification businesses.

Michael Peter will also continue to serve as CEO of the Mobility Management Business Unit

“Sabrina Soussan and Michael Peter have all the qualifications needed to successfully head the Mobility Division until its merger with Alstom,” said Roland Busch, member of the Managing Board of Siemens AG. “Ms. Soussan has put Siemens’ high-speed and local and regional train businesses back on track, while Mr. Peter has very successfully managed our Mobility Management Business Unit, the uncontested technology leader in rail automation. Together, they’ll drive our mobility business and further enhance its performance.

“I’d also like to thank Jochen Eickholt for his successful work as CEO of the Mobility Division and wish him every success in the important task of merging the businesses of Siemens Mobility and Alstom.”

Eickholt has been appointed integration manager for the announced merger of Siemens’ and Alstom’s mobility businesses.

Siemens and Alstom jointly announced the integration of their mobility businesses in a merger of equals. Closing is expected by the end of 2018, subject to regulatory approval.