Theodor Scheidegger is new CEO of Siemens solar, hydro division

Scheidegger previously held executive positions in various companies, most recently as CEO of Sovello AG, a supplier of solar wafers, and solar cells and modules

Erlangen, Germany, November 9, 2011 — Theodor "Ted" Scheidegger, 53, will become CEO of the Solar & Hydro Division of Siemens Energy.

Scheidegger previously held executive positions in various companies, most recently as CEO of Sovello AG, a supplier of solar wafers, and solar cells and modules.

Scheidegger studied information technology and production management, and began his professional career at Siemens after gaining a doctorate (Dr. sc. pol.) at the University of Kiel. He worked for Siemens for several years in Canada and then at Siemens Solar Industries in California.

He subsequently held various executive positions at companies including Invensys, Emerson and the Precious Woods Group in Germany, Switzerland and the UK. Scheidegger is of dual Canadian/Swiss nationality.

Effective October 1, 2011, Siemens bundled its activities in the fields of solar and hydropower in its new Solar & Hydro Division. The new unit is also the center of competence for the development of energy storage technologies.

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