Key Takeaways
- Markus Grabmeier appointed as CEO of Siemens' Electrical Products Business Unit, effective June 1, 2026
- Grabmeier succeeds Andreas Matthé, who will retire at the end of September 2026 after 40 years with Siemens
- The Electrical Products business unit has 26,000 employees and 25 production sites worldwide
- The unit is a leading supplier of low-voltage products and software tools for electrical power distribution
Introduction to Siemens' New CEO
Siemens has announced the appointment of Markus Grabmeier as the new CEO of its Electrical Products (EP) Business Unit at Smart Infrastructure. This change is effective June 1, 2026, and Grabmeier will succeed Andreas Matthé, who will remain available in an advisory capacity until his retirement at the end of September 2026.
Background of Markus Grabmeier
Markus Grabmeier has a long-standing career in the electrification industry, with experience in various positions within Siemens and other companies. His career at Siemens began in Management Consulting, and he later took on roles of increasing responsibility within the Low Voltage and Electrical Products businesses. Grabmeier's most recent position was as a member of the Executive Management Committee of Alfanar, based in Riyadh, Saudi Arabia.
Comparison of Previous and New CEO
| Category | Andreas Matthé | Markus Grabmeier |
|---|---|---|
| Years of Experience | 40 years | Long-standing career |
| Previous Positions | Vice President of Power Automation and Energy Management Systems, Executive Vice President of Siemens Ltd. in China | Head of New Business Development, General Manager of Siemens Electrical Apparatus Ltd. in Suzhou, China |
| Current Position | Retiring at the end of September 2026 | CEO of Electrical Products Business Unit |
Electrical Products Business Unit
The Electrical Products business unit is a global supplier of low-voltage products and software tools for intelligent, safe, and efficient electrical power distribution. The unit has approximately 26,000 employees and 25 production sites worldwide. It has become an industry leader in the use of semiconductors for switching and protecting electrical circuits, enabling faster and wear-free switching for superior protection, high multifunctionality, and adaptability.
Future Outlook
The Electrical Products business unit is strategically positioned to capture high-growth opportunities in the all-electric world, data centers, and the energy transition. With Grabmeier at the helm, the unit is expected to continue its growth and innovation, helping customers achieve sustainability and efficiency in their electrical power distribution systems.
Bottom Line
The appointment of Markus Grabmeier as the new CEO of Siemens' Electrical Products Business Unit marks a significant change in the company's leadership. With his extensive experience in the electrification industry and his background in various positions within Siemens, Grabmeier is well-positioned to lead the unit in its future growth and innovation. As the unit continues to play a crucial role in the all-electric world, data centers, and the energy transition, Grabmeier's leadership will be instrumental in driving the company's success.