Klaus Kleinfeld has been appointed by Saudi Crown Prince Mohammed bin Salman to head the NEOM project, a $500 billion plan to build a business and industrial mega-city that links with Jordan and Egypt. Until April 2017, he was Chairman and CEO of Arconic. He led Alcoa Inc.’s separation into two publicly traded companies, Arconic and Alcoa. Dr. Kleinfeld served as CEO of Alcoa Inc. from 2008 to 2016 and was a Director on Alcoa Inc.’s Board from 2003 to 2016.
Before Alcoa, Dr. Kleinfeld had a 20-year career with Siemens, where he served in various positions and became Chief Executive Officer of Siemens AG in 2005. During his tenure, Dr. Kleinfeld presided over a dramatic transformation of the company, resulting in an increase of revenues and a near doubling of market capitalization. Before joining Siemens, Dr. Kleinfeld was a Product Manager in the Pharmaceutical Division of Ciba-Geigy (Switzerland; today Novartis). He started his career in a specialized consulting firm.
Dr. Kleinfeld is an Honorary Trustee of the Brookings Institution and a life member of the Council on Foreign Relations. He is an Honorary Senator of the Lindau Nobel Laureates Meeting and on the Board of Trustees of the World Economic Forum. For many years, Dr. Kleinfeld was a member of Chinese Premier Li’s Global CEO Advisory Council, a member of the Mayor of Shanghai’s International Business Leaders Advisory Council, and a member of the Foreign Investment Advisory Council to the Prime Minister of Russia. Dr. Kleinfeld also served for many years on the board of Bayer, Morgan Stanley, and Hewlett Packard.
Dr. Kleinfeld was born in Bremen, Germany, and educated at the University of Göttingen and University of Würzburg, both in Germany. He holds a Ph.D. and a Master’s degree in Business Administration.