ISELIN, N.J., July 13 /PRNewswire-FirstCall/ -- Siemens Financial Services, Inc. (SFS Inc.), the U.S. unit of Siemens Financial Services, announced today the appointment of Guy Cirincione as Senior Vice President and General Manager, Energy Finance, effective immediately. Cirincione succeeds Kirk Edelman who was recently appointed to President and CEO of Siemens Financial Services, Inc.
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Cirincione joins SFS Inc. from Dexia Credit Local in New York, where he served as Deputy Branch Manager and Head of Marketing, Project and Public Finance. Dexia in the United States has focused on providing debt capital to the project finance market and providing liquidity to the municipal bond market.
"Guy brings a substantial amount of experience in the areas of energy and infrastructure finance to his new role in our company," said Kirk Edelman, President and CEO, SFS Inc. "I am confident that he will provide the level of leadership and expertise needed for the continued growth of our energy finance business."
"Joining a company with the history, global brand power, and talented workforce of Siemens is an exciting opportunity," Cirincione said. "I look forward to utilizing my skills and past experiences to help SFS Inc. continue and grow upon its success."
Prior to his tenure at Dexia, Cirincione worked at Credit Suisse as a Director in the Energy Finance group. He will be based in Iselin, New Jersey.
About Siemens Financial Services
Siemens Financial Services (SFS) is an international provider of financial solutions in the business-to-business area. With about 1,900 employees and an international network of financial companies coordinated by Siemens Financial Services GmbH, Munich, SFS supports Siemens as well as non-affiliated companies, focusing on the three sectors of energy, industry and healthcare. SFS finances infrastructure, equipment and working capital and act as a competent manager of financial risks within Siemens. Further information is available on the Internet at: www.siemens.com/finance.
Siemens Financial Services, Inc. (SFS Inc.) the US unit of Siemens Financial Services is a leading provider of business-to-business financial services in the United States. SFS Inc. is a committed business ally that combines deep industry expertise with integrated financing solutions to enhance the efficiency, productivity, and competitiveness of its customers. The company, based in Iselin, NJ, enables business expansion for thousands of customers in the healthcare, energy, and industrial sectors by providing customized solutions that range from equipment financing and working capital to project and export finance, and insurance solutions. Further information on Siemens Financial Services in the United States: www.usa.siemens.com/finance.
About Siemens
Siemens AG (NYSE: SI) is a global powerhouse in electronics and electrical engineering, and operates in the industry, energy and healthcare sectors. For more than 160 years, Siemens has built a reputation for leading-edge innovation and the quality of its products, services and solutions. With 405,000 employees in 190 countries, Siemens reported worldwide revenue of $104.3 billion in fiscal 2009. With its U.S. corporate headquarters in New York City, Siemens in the USA reported revenue of $21.3 billion and employs approximately 64,000 people throughout all 50 states and Puerto Rico. For more information on Siemens in the United States, visit www.usa.siemens.com
SOURCE Siemens Financial Services, Inc.
