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Kewaunee Scientific CEO Shumaker retires, COO Rausch named successor

Kewaunee Scientific announced that William Shumaker, Kewaunee's chairman of the board and CEO, will retire on June 30. Shumaker will remain as a non-executive chairman of the board. As part of a planned leadership succession process, the board of directors appointed David Rausch, current president and COO, to succeed Shumaker and to become a member of its board both effective July 1.