Paulo Ruiz Sternadt Named CEO for Dresser-Rand Business
Paulo Ruiz Sternadt (42) has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks (54) who will leave the company at her own request. Mr. Ruiz Sternadt brings to this position extensive leadership experience including more than 16 years with Siemens …
Siemens to Buy Dresser Rand for $7.6bn
Siemens executes on its Vision 2020 with a decisive move to strengthen its core. The company has entered into an agreement with Dresser-Rand, which is listed on the New York Stock Exchange, to acquire all of the issued and outstanding common shares of Dresser-Rand by way of a friendly takeover …