Effective November 1, 2013, Albrecht Neumann (51) will assume the position of CEO of the Sector-led Metals Technologies Business Unit of Siemens.

He will succeed Werner Auer (58) in this position. Auer is leaving the company for personal reasons. He will be available during a transitional period to assist the new CEO with advice and support. Until now, Mr Neumann has been the CEO of Siemens Metals Technologies in the United States, with responsibility for the North American business of Metals Technologies.