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Siemens Gamesa enters next phase towards global leadership with new Chairman and reinforcement of organizational setup


• Miguel Ángel López, current CFO, appointed new non-executive Chairman of the Board of Directors, replacing Rosa García, effective December 1st
• David Mesonero will succeed López as CFO
• New COO function to be introduced to strengthen focus on cost-out efforts
• The CEO of the Onshore Business Unit, Ricardo Chocarro, will leave the company. Mark Albenze, CEO of the Service Business Unit, will take over in the interim in addition to his current responsibilities

Entering into the next phase of its strategic plan towards global leadership Siemens Gamesa Renewable Energy (SGRE) is adjusting its leadership team and organizational structure to better respond to the dynamic market environment.

“Eighteen months after the merger we are concluding the first phase of our strategic plan centred around merging and stabilizing the company. We have achieved a great deal in terms of winning new business and integrating our company. In the next phase, our efforts will focus on leveraging economies of scale and creating the foundation for sustainable profitability. The changes we announced today will strengthen the organization for the challenges ahead. I’m convinced that these steps are the right ones to ensure the future success of our company,” said Markus Tacke, CEO of Siemens Gamesa.
The Board of Directors appointed Miguel Ángel López, currently Siemens Gamesa’s Chief Financial Officer (CFO), member and non-executive Chairman of the Board of Directors, effective December 1st. He will succeed Rosa who has decided to leave the Siemens group and seek new challenges after seven successful years. With extensive international experience, in-depth knowledge of the company and a vast financial and industry track record, López will contribute to the successful development of Siemens Gamesa in his new function.

“I thank Rosa for her dedication and achievements since the merger, guiding Siemens Gamesa through the challenging integration. I wish her all the best for the future. I also thank Miguel for his strong contribution to the stringent execution of our strategic plan and his excellent performance as CFO. I’m sure he will continue to have a major impact on our future success and I look forward to working with him in his new function,” added Tacke on behalf of the leadership team.
“It’s an honor for me to serve Siemens Gamesa as Chairman. I fully trust our team around the world and am convinced that we will maintain and strengthen our leading position by being a reliable partner for our customers,” said Miguel Ángel López.

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