Lankenau pictured left, Krauter pictured right
PISCATAWAY, New Jersey - Siemens Hearing Instruments, Inc. announced William J. Lankenau has been promoted to President and CEO.
Working for Siemens Hearing Instruments for almost 12 years, Lankenau has extensive experience in the hearing health care industry and has been a vital part of the company's success. Since joining Siemens in 1990 as Vice President of Manufacturing, he has held the positions of Vice President of Operations and most recently, Chief Operating Officer.
Siemens also announced the promotion of CFO John Krauter to the position of Senior Vice President and Chief Financial Officer for Siemens Hearing Instruments. Krauter joined the company in 1992 as Vice President of Finance. Before joining Siemens Hearing, he was Director of Accounting for Siemens Medical.
Lankenau is a graduate of Columbia University with a Master Degree in Engineering and of New Jersey Institute of Technology with a Bachelor of Science in Engineering. Krauter, CPA is a graduate of Seton Hall with a Bachelor of Science in Business Administration.
Siemens Medical Solutions (Med) of Siemens AG (NYSE: SI) with headquarters in Iselin, NJ, and Erlangen, Germany, is one of the largest suppliers of healthcare equipment in the world. Med is renowned for its innovative products, services and complete solutions, ranging from imaging systems for diagnosis and therapy equipment for treatment, to electromedicine and hearing instruments to IT solutions that optimize workflow and increase efficiency in hospitals, clinics, and doctors' offices.
Siemens also offers a variety of data management solutions for customers and is currently the premiere Application Service Provider. Employing approximately 30,000 people worldwide, in fiscal 2001 (September, 30), Med reported sales of 7.2 billion EUR, orders of 8.4 billion EUR and EBITA of 808 million EUR. More information can be obtained through the company's website www.siemensmedical.com.
Headquartered in Piscataway, NJ, Siemens Hearing Solutions (Siemens Hearing Instruments, Inc.), a subsidiary of Siemens Medical Solutions, designs, engineers, and manufactures advanced digital, digital, digitally programmable and advanced conventional hearing instruments in all custom (ITC, ITE, and CIC) and Behind-the-Ear (BTE) models. The Company also offers audiological software along with a wide variety of equipment for Hearing Health Care Professionals, hearing aid batteries and a wide array of assistive listening devices (ALDs), such as amplified phones, which help improve the quality of life of the hearing impaired. Visit www.siemens-hearing.com for more information.
