Siemens has named Tim Holt chief executive officer of its power generation services division, effective from 1 October.
He will replace existing CEO Randy Zwirn, who is retiring.
Holt (pictured) is currently CEO of the power and gas business unit within the services division and his replacement is yet to be named.
Siemens board member Lisa Davis said: “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.
“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.”
Image: Siemens
