WASHINGTON, April 18 (Bernama-BUSINESS WIRE) — EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Joe Kaeser, former President and Chief Executive Officer of Siemens AG (“Siemens”), has joined EIG as Senior Advisor. In this role, Mr. Kaeser will provide strategic counsel to the firm’s leadership team on matters related to global energy markets, with an emphasis on power, renewables and the energy transition.
Mr. Kaeser served as President and CEO of Siemens from 2013 until 2021 and as CFO from 2006 until 2013. During his tenure at Siemens, Mr. Kaeser oversaw significant growth and transformation, leading the company through major strategic initiatives, including the reorganization of the conglomerate structure of Siemens into three focused companies: Siemens Healthineers, Siemens Energy and the new industrial Siemens AG, creating significant value for all stakeholders. Mr. Kaeser currently serves as non-executive Chairman of the Board of Siemens Energy AG, which provides products, solutions and services for the generation, transmission and distribution of power. He also acts as non-executive Chairman of the Board of Daimler Truck Holding AG and serves on the Board of Linde, PLC.
