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KraussMaffei to get new CEO, board chairman

KraussMaffei Group GmbH (KMG) will have a new CEO and management board chairman effective Jan. 1.Li Yong, who has held various high-level positions with Sinochem Corp., the main shareholder of KraussMaffei Co. Ltd., will take over the KMG positions from Michael Ruf, who decided not to extend his…

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