From January 1, 2014, Norbert Klapper, former executive vice-president of Voith Turbo, will take over as chief executive of Swiss textile machinery maker Rieter. The current head of Rieter’s spun yarn systems division, Peter Gnägi, is standing down and Mr Clapper will take over his role. Mr Gnägi has been with the group since 1990 and in his...

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