Seeking Alpha

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.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs