Green Energy Disaster Sinks Siemens CEO/GWPF

Siemens, Europe’s largest engineering company, has lost patience with its CEO after Peter Loescher’s expansion into green energy and expensive acquisitions led to a fifth profit-forecast cut. Supervisory board officials have asked for the 55-year-old Austrian native to be ousted. http://www.thegwpf.org/green-energy-disaster-sinks-siemens-ceo/