As of July 1, 2003, Rolf Biekert, vice-president of operations at Trumpf Inc, will serve as president and chief executive officer of this North American subsidiary of the Trumpf Group. He will succeed Peter Leibinger, who will serve as president of Trumpf Laser GmbH + Co KG in Schramberg, Germany, and is replacing Paul Seiler, who retires in June. Leibinger will remain on the Trumpf Group board of directors, continuing to oversee North American operations, and will be responsible for the laser business unit.

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