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GERMANY: Peter Fenkl, CEO of motor and fan manufacturer Ziehl-Abegg, is to leave the company after 22 years.

Fenkl will leave at the end of May, but no details of his successor have yet been released.

Dennis Ziehl, chairman of the supervisory board, acknowledged Fenkl’s commitment to numerous professional bodies at national and international levels, adding: “Mr Fenkl has shaped the company’s global performance and success in major ways, while always considering the employees’ interests.”

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