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Lloyd Fonds CEO to step down prematurely due to disagreements

The chief executive of German shipping company Lloyd Fonds, Dr. Torsten Teichert, will step down a year and a half before his contract expires due to disagreements with the board of directors. This will impact the company's earnings for the year.
by LOUISE VOGDRUP-SCHMIDT

Dr. Torsten Teichert will step down as CEO of Germany's Lloyd Fonds a year and a half early.

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