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IPG Photonics founder Valentin Gapontsev
At the age of 82, IPG Photonics founder Valentin Gapontsev is stepping down as CEO. While former COO Eugene Scherbakov has been promoted into the lead executive role, Gapontsev will remain active within the company, overseeing research and developments efforts and technical strategy. Image: Wikimedia Commons via kremlin.ru.
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