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Siemens to Replace CEO Loescher After Fifth Forecast Cut

2013-07-28 00:54:23| Industrial Machines - Topix.net

Siemens AG , Europe 's biggest engineering company, will replace Chief Executive Officer Peter Loescher with a member of the management board after he cut a profit forecast for the fifth time in his six-year tenure.

Tags: cut replace siemens ceo

Category:Industrial Goods and Services

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