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Allient’s Heidrive GmbH Extends Leadership Contract to 2027
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Allient’s Heidrive GmbH Extends Leadership Contract to 2027

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Allient ( (ALNT) ) just unveiled an update.

Allient, Inc.’s subsidiary, Heidrive GmbH, has amended the employment agreement with Helmut D. Pirthauer, extending his term as Vice President and Group President until December 31, 2027. The amendment outlines salary adjustments and performance-based bonuses, potentially impacting the compensation structure and incentivizing leadership performance.

More about Allient

Allient, Inc. operates in the engineering and manufacturing sector, focusing on producing specialized motion control solutions and components through its subsidiary, Heidrive GmbH.

YTD Price Performance: 4.04%

Average Trading Volume: 146,036

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $429.2M

Find detailed analytics on ALNT stock on TipRanks’ Stock Analysis page.

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