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ThyssenKrupp Hires Achatz as Siemens Restructures Research

ThyssenKrupp AG, Germany’s largest steelmaker, said it’s hiring Reinhold Achatz of Siemens AG as head of corporate center, innovation and quality.

Achatz, who was Siemens’s research chief, will start at Essen-based ThyssenKrupp on April 1, the company said, confirming an earlier report by Sueddeutsche Zeitung.