Member of the Executive Management Board and Chief Financial Officer of Siemens Medical Solutions.

Since October 1, 2005, Klaus P. Stegemann is member of the Executive Management Board and Chief Financial Officer of the Medical Solutions Group of Siemens AG.

From February 2002 on he was Chief Financial Officer of Siemens Corporation (New York) and in June 2004, he also assumed responsibility for coaching the Siemens Corporation CIO Americas organization, signaling the important role of information management as a key driver for success at Siemens USA.

Prior to joining Siemens Corporation, he was the CFO since 1999 of the worldwide Angiography, Fluoroscopy and Radiographic Systems Business of Siemens AG Medical Solutions (Forcheim, Germany), where he applied the financial strategies and tools that ultimately turned the business around in less than two years.

Klaus has had an exceptional 30-year career in financial operations at Siemens, both in the U.S. and in Germany. He has taken on a variety of important global challenges, in each case making a major contribution to Siemens’ business performance.

Before he joined Siemens Medical Solutions, Klaus cultivated a unique array of business unit experience in the U.S. and Germany, including projects at the Company’s Transportation Systems, Automation & Drives, Power Generation, Industrial Solutions & Services Groups, and at the Siemens AG Corporate headquarters, where he helped solve the tough business challenges associated with restructuring, integration and profitability improvement.

Earlier in his career, Klaus held a number of accounting, reporting and planning positions in various production and headquarter locations at several major Siemens businesses in Germany. In the early 1990s, he spent three years in the United States -- at Siemens Energy & Automation in Atlanta -- where he served as the Director of Business Planning & Financial Analysis.

Klaus is married and has one daughter.