And their pick? Peter Loscher, who comes out of the pharmaceutical industry. Löscher is currently the president of Global Human Health at Merck. His appointment makes him the first Siemens CEO to have not held a prior position with the company.
Read more about Loscher at the IHT.
-- MDT
Labels: bribery, CEOs, corporate scandal, Siemens
Challenger Gray & Christmas has been getting some media traction based on their splashy report indicating that 2006, on the whole, was a very bad year for CEO job security - the worst in fact since CG&C began tracking such things in 1999. According to their report 1,347 chief executives got the boot through November of 2006. Check out this
lengthy article from MSNBC, which offers more details on the Challenger CEO report's findings. The full document is expected to be released next week.
-- MDT
Labels: CEOs, Challenger Gray and Christmas, fired