Siemens : Subsidiary Flender Appoints New CEO
By Cristina Roca
Siemens AG subsidiary Flender Group said Friday that it has selected a new chief executive.
Andreas Evertz will succeed Stefan Tenbrock, who is retiring, as CEO of the mechanical-drives company. He will be appointed a managing director on the company's board as of April 1, and will take up the CEO role effective June 1, the company said.
Mr. Evertz was most recently chief executive at Schenck Process Group.
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