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‘Different visions’ lead to Steinert ceo’s departure

Germany – Marcus Heinrich, ceo of German magnetic and sensor-based sorting technology specialist Steinert, is leaving the company. ‘The future visions for the company of Heinrich and those of the shareholders went in different directions,’ states the firm.

Since 1999, Heinrich has been working in different positions at the Cologne-headquartered firm, including six years as managing director of Steinert’s subsidiary in Australia. He became ceo of Steinert Elektromagnetbau GmbH in 2010.

His role will be taken over by Peter Funke, who has been active on a national and international basis at mobile processing plant manufacturer Doppstadt and contributed to the ‘sustained growth’ of this company.

Steinert stresses: ‘In addition to the traditional business of metal recycling, diversification into new business areas, strong internationalisation of the group and dynamic growth were and continue to be the main focus for Steinert.’

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