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Pensky will transition into the role of special advisor to the CEO in Sept.
Index records 4.1 percent gain over April 2016.
The company reported a loss of $18.5 million for the quarter.
March orders up 3.3 percent year-over-year.
Company announces two promotions in waterworks leadership positions.
Profit was $12.2 million for the quarter.
Headquarters will remain in Stuttgart, Germany.
