Majority of Siemens board members want to oust CEO: sources

MUNICH (Reuters) - A majority of Siemens supervisory board members are in favor of voting out Chief Executive Peter Loescher, two people familiar with the matter told Reuters on Saturday. The majority of the 20-member board wants current finance chief Joe Kaeser named as Loescher's replacement, the sources said following emergency meetings of board members two days after Siemens abandoned a 2014 profit margin target. (Reporting by Jens Hack; Writing by Maria Sheahan)

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