Siemens names new mobility division president

Siemens named Marc Buncher as president of its Mobility Division in the U.S. and Canada. Buncher brings 25 years of rail experience, including his most recent role as the sr. VP, rail division, at Caterpillar.

Buncher will continue to build on Siemens’ efforts to lead the industry in providing advanced, intelligent, and efficient technologies across freight, commuter and passenger rail, and road transportation, Siemens said in a press release.

“Marc’s extensive understanding and knowledge of the transportation market will play an essential role in the continued growth and strengthening of our mobility footprint in the U.S.,” said Judy Marks, CEO of Siemens USA. “Under his leadership, Siemens will be able to continue engineering, manufacturing, and delivering the latest technologies and services to the transportation systems that contribute to our customer’s and country’s economic success.”

Prior to joining Caterpillar, Buncher worked at General Electric across roles in business operations, sales, marketing, and finance. He will be officially based out of Siemens Mobility Headquarters in New York, N.Y.