It's all change at the top at German engineering group Siemens.<br /><br />Out goes CEO Peter Loescher. He has been dumped four years before the end of his contract, though his departure is cushioned by a multi-million euro payoff. <br /><br />He has been replaced by Siemens finance chief Joe Kaeser who said <br />the conglomerate had been too inward looking and so had lost some of its "profit momentum".<br /><br />...<br />http://www.euronews.net/
