New CFO at Tognum
Propulsion and power specialist Tognum decided at its recent meeting of the supervisory board that Dieter Royal will join the executive board as the new member responsible for the finance and corporate services division effective 1 October 2011.
Royal succeeds Joachim Coers as CFO of the MTU parent group; Coers will replace Volker Heuer as CEO of the Tognum Group on Heuer’s retirement in October 2011.
Royal is currently Head of Corporate Finance at Tognum AG.
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