Albert Hoser is the chairman and chief executive officer of the foundation. He established it in July 1998 to promote and support science and mathematics education in the United States. He was president and chief executive officer of Siemens Corporation from January 1, 1991, until his retirement in 1999. He had been with Siemens since 1954 and held a variety of management and executive positions in Europe, Japan, India and the United States.
From 1969 to 1980 he headed various commercial departments in Germany, including the Measurement and Process Technology Group in Karlsruhe, commercial departments in Bremen, and the Standard Products Group in Erlangen. In 1980, he became president and chief executive officer of Siemens Japan, until becoming president and chief executive officer of Siemens India, Ltd in 1984. He serves on the board of trustees of the Center for Excellence in Education, in Vienna, Virginia.