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Monday, Jul 29
Siemens CEO Loescher to battle for his job.
- Siemens (SI) CEO Peter Loescher, who looks set to be fired at a supervisory board meeting on Wednesday, will reportedly try to fight for his job, although his prospects for success are low.
- If he does go down, he'll try to take Chairman Gerhard Cromme with him.
- Finance chief Joe Kaeser is the most likely candidate to replace Loescher.
- Siemens' shares were -0.6% pre-market.