Sackings and appointments in KGHM top management

The supervisory board of copper miner KGHM on Thursday fired deputy chief executive Stanislaw Siewierski and another senior manager in a shake-up orchestrated by CEO Stanislaw Speczik. State-controlled KGHM, the world's seventh largest copper producer and number two by silver output, is st ruggling to lower costs and find a buyer for its loss-making phone unit Telefonia Dialog, which is straining its finances and burdening its balance sheet. A source close to the company said that on Speczik's request, the supervisory board also sacked Witold Bugajski, KGHM executive responsible for development. Tadeusz Szelag, who supervised the company's mining o perations, was appointed to the management board. (Reuters) A.K.