General interest press release
BIOGRAPHY: FRANK HOMANN
Vice President of North American Cockpit Modules and Systems, Siemens VDO
AUBURN HILLS, Mich., June 07, 2007
Frank Homann is Vice President of Vice President of Siemens VDO's North American Cockpit Modules and Systems division. Based at the Auburn Hills, Mich. regional head office he is responsible for guiding the company' strategy to develop integrated cockpit module business into this market, further expanding its global cockpit business leadership position.
Previously, Homann served as Vice President of Purchasing for Siemens VDO's North American operations and was responsible for the region's purchasing, working with key suppliers to utilize their full potential to generate cost savings for the company's products, while ensuring the highest standards for improved quality. He was the first company officer to serve in this position, while also supporting four company divisions as vice president of worldwide purchasing.
Prior to his role as vice president of Purchasing, Homann was director of advanced purchasing at Siemens Automotive in Germany. In 1998, he worked as commodity manager for Sensors in purchasing. Homann began his career with Siemens in 1992, during which time he served as project leader in engineering with the Safety and Airbag Electronics Group.
Homann earned an Electrical Engineering Degree from the University of Paderborn in Germany.
Siemens VDO Automotive AG is one of the world’s leading automotive electronics and mechatronics suppliers, earning approximately 70 percent of its total annual sales in this segment. As an automotive industry development partner, the company's innovative products and solutions enhance safety, driving comfort, cost-effectiveness and performance, as well as reduce emissions and keep drivers informed and in touch with the world. In the 2006 business year (Sept. 30, 2006), Siemens VDO generated sales of more than EUR 10 billion ($12 billion) and achieved results of EUR 669 million ($905 million) based on US-GAAP, which corresponds to an EBIT margin of 6.7 percent.