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    Siemens boss sacked after profit warnings

    euronews (in English)

    by euronews (in English)

    Who is going to get the top job at Siemens? That is the question after the announcement that Chief Executive Peter Loescher is to leave the company following the latest profit warning from one of Germany's largest industrial conglomerates.

    In a statement at the weekend, Siemens said another member of the executive board would be named as CEO, but did not say who.