Nolen to Run Siemens


George C. Nolen has been named president and CEO of Siemens Corp.

Nolen -- who will temporarily continue in his current role as president and CEO of Siemens Information and Communication Networks in the United States -- replaces Klaus Kleinfeld, who has been named a member of the corporate executive committee for parent company Siemens AG, responsible for the company's global information and communications businesses.

Nolen will be responsible for representing Siemens in the United States, which accounts for more than 20% of the global company's revenues.