Tag Archives: Marco Schroeter

Nokia Siemens CFO exits after restructuring drive

A red traffic light is pictured next to the company logo of Mobile network equipment maker Nokia Siemens Networks (NSN), in Munich

COPENHAGEN (Reuters) – Telecom equipment maker Nokia Siemens Networks announced the departure of its chief financial officer Marco Schroeter, a close confidant of a Siemens executive who criticized the joint venture's massive job cuts in Germany. Schroeter was known to be close to Siemens CFO Joe Kaeser, who was quoted in a German paper last year as saying that NSN should have talked to German labor leaders before cutting jobs there. NSN gave no reason for the departure, effective immediately, except to say it was part of a company transformation. …

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Source: FULL ARTICLE at Yahoo Business