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Egon Zehnder International Manager from Prague Takes Top Executive Development Position at Siemens Group


Prague EZI Office Manager to develop global talent pool of Executive and Senior Management at Siemens AG worldwide.

Prague, Czech Republic, August 16, 2008 --(PR.com)-- Office Manager for Czech and Slovak Republics at Egon Zehnder International in Prague, Dr. Nicolas von Rosty, is taking a position of head of the unit Corporate Executive Development at Siemens AG, a global powerhouse in electronics and electrical engineering.

Egon Zehnder International (EZI), the world’s largest privately held executive search firm, said on Thursday that Mr. von Rosty’s successful leadership in Prague resulted in a strong team embracing and developing the best practice in the firm. He also made a foray into the local markets with the firm’s Management Appraisal consulting line, a professional service to help its clients evaluate the “human capital”.

Mr. von Rosty joined Egon Zehnder International in 2000 as a consultant in the Hamburg office. Previously, he worked as Managing Director at Thyssen A.G. in Mexico City, Legal Counsel at Thyssen Group in Düsseldorf and Attorney at Law with White & Case, Feddersen in Berlin. He has a PhD degree in Law from Universities of Hamburg, Heidelberg and New York.

In his next role, Mr. von Rosty will become responsible for supporting and developing the global talent pool of Executive and Senior Management as well as providing advice and support for Board Members and the Top Executive Management worldwide, Siemens said in a press release.

About Egon Zehnder International

Egon Zehnder International (EZI) entered the Czech Republic in 1990 and opened an office in Prague in 1994 to serve clients in both Czech and Slovak Republics. The firm established resident presence in Bratislava in 2005.

EZI was founded in 1964 with a distinctive vision and structure aimed at achieving two basic goals - to place the clients' interests first and to lead the profession in creating value for clients through the assessment and recruitment of top-level management resources. In addition to executive search, the firm provides assessment and talent management services for leading companies across the globe.

The most fundamental expression of EZI’s client-first vision resides in its structure, which is unique to the profession. The firm’s 370 consultants, operating from 62 wholly owned offices in 37 countries, are organized around a single-profit center partnership. This is designed to eliminate competitive barriers between EZI’s offices. It allows EZI to operate seamlessly when engagements call for the firm to mobilize across many offices in a country or a region.

As a result of this unique culture, EZI has the highest professional staff retention rate for a global firm in the profession. A feature pioneered by EZI - and still distinctive in today's marketplace - is the firm’s fixed fee policy. Since the firm’s fees are agreed in advance, irrespective of the candidate's ultimate salary, there is no incentive for EZI to recommend those with higher salaries or exclude potential candidates from within the client's own organization.

EZI’s clients range in size from the world's largest corporations to emerging growth companies, in addition, to government and regulatory bodies and major educational and cultural organizations.

For clients operating in selected industries, EZI has sector specialists organized into global practices. These include Financial Services, Consumer, Life Sciences, Technology & Telecoms, Industrial, Services and Private Capital.

http://www.egonzehnder.com

About Siemens

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors.

The company has around 400,000 employees (in continuing operations) working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of solutions for individual requirements.

For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. In fiscal 2007, Siemens had revenue of €72.4 billion and income from continuing operations of €3.9 billion (IFRS).

Further information is available on the Internet at: www.siemens.com.

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Contact Information
Egon Zehnder International
Marek Petrus
+420 221 111 737
Contact
www.egonzehnder.com

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