Schaffner announced that Eduard Hadorn, the Head of the Power Magnetics division, will be stepping down from his position as well as the executive committee with effect from March 31, 2016. He will take charge of developing Schaffner's business in India. CEO Alexander Hagemann will head the PM division on a temporary basis, until a successor is appointed to manage the division.
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- Schaffner Announces Executive Changes, Effective March 31, 2016