Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Nuremberg (Germany), October 25, 2012.
Jürgen Amedick took over the leadership of the Large Drives Business Unit of the Siemens Drive Technologies Division on October 1, 2012. The
Jürgen Amedick, CEO of the Large Drives Business Unit of the Siemens Drive Technologies Division
Large Drives Business Unit develops, manufactures, and markets products, systems, solutions, and services for drive engineering in industrial and infrastructure application as well as industries such as shipbuilding, pulp and paper, mining, and cement.
Amedick follows Jürgen Brandes, who took over the leadership of the Rail Automation Business Unit in the Infrastructure & Cities Sector. Amedick most recently headed the Products segment of the Large Drives Business Unit. The 53-year-old engineer has been at Siemens since 1984 and started his career as a project engineer. Afterwards, Amedick held several positions in engineering, sales and management. After being in charge of the automation and drives business in Canada for three years, Amedick took over the leadership of the Standard Drives Division in 2008, which was transferred to the Large Drives Business Unit in 2010.
