Siemens Government Technologies Names Katy Nierman as Chief Financial Officer

Rhea-AI Summary

Siemens Government Technologies has appointed Katy Nierman as its new Chief Financial Officer. Nierman, who joined SGT in 2021, has over 15 years of experience in financial management across Siemens' various sectors. As CFO, she will oversee financial, accounting, and supply chain functions, focusing on projects related to infrastructure, automation, and energy savings. These initiatives are expected to yield over $1 billion in savings for government clients. Her predecessor praised her track record and strategic financial expertise.

Positive

• Katy Nierman's appointment as CFO brings over 15 years of financial management experience.
• Nierman previously led finance for the Digital Solutions business at SGT, enhancing continuity.
• The CFO role emphasizes projects that promise over $1 billion in energy savings for government clients.

Negative

• None.

RESTON, Va.--(BUSINESS WIRE)-- Siemens Government Technologies (SGT) today announced that Katy Nierman has been appointed its Chief Financial Officer.

Nierman joined SGT in 2021 as head of finance for its Digital Solutions business, bringing more than 15 years of experience in progressively expansive financial management roles across Siemens’ businesses in Smart Infrastructure, Digital Industries Automation and Digital Industries Software. Her breadth of financial insights and strategic planning have been honed through diverse roles at Siemens operations in Atlanta, Chicago, Dallas, and overseas in Nuremberg, Germany, where she was the Americas finance head for Factory Automation. In addition to her deep knowledge of the Siemens portfolio and business operations, she also spent five years managing a software and service business as president of the company.

In her role as CFO, Nierman is responsible for leading all financial, accounting, and supply chain functions across SGT supporting teams on projects spanning infrastructure and building automation, to product lifecycle management software delivered via the Cloud and much more. In addition, she and her teams are responsible for forecasting, planning, and establishing financing structures for energy savings performance projects guaranteed to provide government customers with more than $1 billion in energy savings over time.

“Katy is an accomplished financial executive and importantly has earned tremendous credibility for her expertise while leading financial reporting and strategic planning for Siemens’ operations here in the U.S. and abroad,” said John Ustica, president and CEO, Siemens Government Technologies. “With an entrepreneurial approach paired with a strong track record of performance, Katy is ready to take on her new role as CFO.”

About Siemens Government Technologies

Siemens Government Technologies is the wholly owned, cleared U.S. subsidiary of Siemens Corporation whose mission it is to secure and modernize the largest infrastructure in the world, the U.S. Federal Government. It does so by being the leading integrator of Siemens’ innovative products, technologies, software and services in the areas of digital engineering and modeling, efficient and resilient energy solutions, and smart infrastructure modernization.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221006005629/en/

Contact for Journalists

Thomas Greer

571-352-8521

Source: Siemens Government Technologies

FAQ

Who is the new CFO of Siemens Government Technologies?

Katy Nierman has been appointed as the new Chief Financial Officer of Siemens Government Technologies.

What experience does Katy Nierman have in financial management?

Katy Nierman has over 15 years of experience in various financial management roles within Siemens.

What projects will Siemens Government Technologies focus on under the new CFO?

Under Katy Nierman, SGT will focus on infrastructure, building automation, and energy savings projects.

How much in energy savings is projected for government customers?

Siemens Government Technologies anticipates providing more than $1 billion in energy savings for its government customers.