Siemens names finance boss to lead turnaround

German engineering giant Siemens named finance chief Joe Kaeser, a 33-year company veteran, as its new boss after dumping chief executive Peter Loescher four years before the end of his contract following a series of profit warnings.

via Business feed http://www.scmp.com/business/companies/article/1293544/siemens-names-finance-boss-lead-turnaround