Rueil-Malmaison (France), December 17, 2014 – Schneider Electric, the global specialist in energy management, announced that D.K. Singh will lead the Global Purchasing function as Chief Purchasing Officer, effective January 1, 2015. D.K. will have oversight of a €12B spend across a global community of production and non-production suppliers creating value for Schneider Electric’s customers. He reports to Annette Clayton, Chief Supply Chain Officer, and member of the company’s Executive Committee.
D.K. most recently served as the Chief Procurement Officer of ConAgra Foods Inc., an American packaged foods company, and managed enterprise spend delivering significant synergies and impact to the company’s top and bottom lines. This was accomplished by leveraging strategic partnerships with suppliers and working with cross-functional stakeholders. Over the course of his 27-year career, D.K. has also held senior leadership positions in Global Procurement, Supply Chain, Engineering, and General Management with Motorola and IBM.
“The role of the Chief Purchasing Officer is significant and important to the company’s overall performance,” said Annette Clayton. “With D.K. on board, we are looking forward to the insights that he will bring to the Group as well as the contributions that he will make to strengthen our competitive position in the markets we serve.” Clayton added, “We will continue to depend on the foundations already in place to tailor our supply chain for our customers as well as our ongoing purchasing strategy and ecosystem of suppliers that help us achieve our promise to our customers."
“I am more than ready to seize the opportunity that is in front of me at Schneider Electric,” said D.K. Singh. “The company’s strategic agenda and the field of energy management are particularly interesting to me and I believe Purchasing can be a strategic enabler for growth and have bottom line impact that can be used to drive additional value for our key stakeholders.”
D.K. received an undergraduate degree in Mechanical Engineering from GB Pant University in India and also has an MS in Industrial Engineering from Mississippi State University, USA. He will be based initially in Chicago, Illinois.
About Schneider Electric
A global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures, Industries & Machine Manufacturers, Non-residential Buildings, Data Centres & Networks and the Residential sector. Focused on making energy safe, reliable, efficient, productive and green, the Group’s 150,000-plus employees achieved sales of 24 billion euros in 2013, through an active commitment to helping individuals and organisations make the most of their energy.