Tim Holt to Become CEO of Siemens’ Power Generation Services Division

Tim Holt to Become CEO of Siemens’ Power Generation Services Division

August 14, 2016

Effective October 1, 2016, Tim Oliver Holt, currently CEO of the Power and Gas Business Unit within Siemens’ Power Generation Services Division, has been appointed CEO of the Power Generation Services Division. The Division’s current CEO, Randy Zwirn, is retiring on October 1.

“With Randy’s retirement we’re losing a highly experienced leader who has played a major role in shaping our Siemens service business and the digital trends of the future,” says Lisa Davis, member of the Managing Board of Siemens AG. “He’s had a strong influence on the development of the power generation business at Siemens for nearly 20 years… Tim Holt’s many years of experience make him the perfect successor. His expertise will enable him to continue to achieve advances in the development of innovative, data-driven service offerings for our customers.”

Tim Holt completed an engineering degree in aerospace technology at the Technische Universität Berlin and received an MBA from Northwestern University’s Kellogg School of Management in Evanston, Illinois.

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