Monday, July 29, 2013

Published 9:06 AM by

CEO Siemens leaves the office

CEO Siemens leaves the office


      Siemens CEO Peter Loescher is leaving the company. Loescher official contract with Siemens expires in just four years, but analysts say that in reality care due to poor performance of German industrial giant. Since the beginning of this year, Siemens has twice amended the annual forecast for a fall. Siemens In Sunday's statement said that on July 31 will be a meeting of the supervisory board of the company, which has to be taken on the issue of early retirement CEO of the company. Also at the meeting will consider the appointment of a new president and CEO.

      More detailed details about the resignation and the upcoming meeting, Siemens does not. According to Reuters, as the new CEO Siemens claims the current CFO Joe Kaeser company. Rumors about the appointment of the latter have been around for several years, and the current CEO of the company he worked with in 2007, when he actually assumed his duties.

      German press notes that in 2007 when Lesher entered the post of CEO of the company, he was regarded by many as the savior and reformer, who had to save Siemens from falling demand in the global market, as well as in the German economy, but loud save the company failed, moreover, many of the projects have been delayed or even abandoned. Last year, Peter Loescher has initiated a plan to save 6 billion euros , which would allow Siemens to successfully compete with General Electric. Then the company union said that such actions threaten 10,000 jobs in the company.

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