Kunka will retire on Dec. 31 and Daryl Dulaney has been named as his replacement. Dulaney will become the COO of the company on Oct. 1 before taking over the president and CEO positions to start 2005.

Dulaney’s responsibilities as COO will entail handling day- to-day operations, overseeing the marketing strategies and growth plans of the company’s diverse portfolio of building automation, HVAC products, fire safety, security systems, and energy solutions and services.

Both Dulaney and Kunka said in a press release they are confident the company will not feel any adverse affects from the transition. Until Dulaney’s position change, he will remain in his current role as president of Siemens Building Technologies’ Building Automation division.