Siemens Wind stays in Hamburg

Siemens' division for onshore and offshore wind will remain based in Hamburg, the company said, as details remained sketchy about the repercussions of the move of its board member for energy to the US.

“This board position responsible for the Americas region and for the power generation divisions will be located in the US,” Siemens chief executive Joe Kaeser said at a press conference.

“There are divisions like PG and services in Orlando (Florida), or wind in Hamburg. They will remain where they are.”

Siemens has appointed Lisa Davis, currently a top manager at Royal Dutch Shell, to become a managing board member responsible for most of its energy business and regional management for the Americas from Aug. 1 on. She’ll be based in the US.

Asked whether it makes sense to move the head of energy to the US from Erlangen, Germany, while at the same time possibly making a bid for the energy business of Alstom, a French company, Kaeser replied that if a company is only able to do something where it is at home, then GE’s bid for Alstom wouldn’t make sense either.

Davis’ move to the US comes as Siemens wants to show its commitment to the American market in oil and gas, Kaeser stressed, after admitting earlier that the company has missed a few opportunities for its gas turbine business arising from the US gas renaissance due to the shale gas boom.

“You have to be where market is,” Kaeser said.“And the market for energy technology, gas turbines, and oil and gas, is in the Americas.

"And I’m very pleased that we were able to get someone , who is not only familiar with country from their vacations, but someone who grew up there and can help us out greatly there.”

Siemens didn’t say how many employees of its current energy sector would accompany Davis in her move to the US, and added that she will be given time to decide how to run the sector.

“She has to put her mark on that business first. And then we’ll see,” Kaeser said, adding that Siemens wants to use its staff of more than 1,000 people working in infrastructure of energy services in Orlando to help Davis make business in the Americas more successful.

Kaeser ducked questions about possible job losses at the industrial company. Siemens had given a three-year job guarantee to French workers in case it were to take over the energy business at its rival Alstom.