Chairman of the Supervisory Board Ulrich Lehner resigns | TIME ONLINE

The Chairman of the Supervisory Board of ThyssenKrupp resigns. Ulrich Lehner will set his term at the end of the month and will leave the Supervisory Board said the industry group. The Supervisory Board will soon decide on a successor. Thus, the company is after the surprise resignation of CEO Heinrich Hiesinger in a leadership crisis.

Lehner declared that the trust of the great shareholders no longer exists. The supervisory board did not have a common understanding of the strategic direction. The 72-year-old warned against a breakup of the group, as required by some investors.

In an interview with the weekly DIE ZEIT, published last Thursday, Lehner had spoken of a "psychoterrorism" of some shareholders. They would lie to the public and even harbad neighbors and family members. Nevertheless, Lehner said about Thyssenkrupp : "There is no need of us."

Above all, the Swedish financial investor and with 18% of the second largest shareholder, Cevian Capital, had developed pressure. The investor is not going fast enough to restructure the company. Lars Förberg, founding partner of Cevian, said: "In an integrated network of submarines, steelworks and elevators
we can not, as most other owners do
Recognize the industrial meaning. In addition, US hedge fund Elliot, behind US investor Paul Singer, is demanding that all transactions be reviewed and reduced or postponed.

Lehner is in 2008 since
Supervisory Board of Thyssenkrupp and took the lead
Body. IG Metall was dismayed by his resignation. This must now be the last wake up call for everyone
The participants were disciplined, said Knut Giesler, district chief of North Rhine-Westphalia Rheinische Post. The group can not rest. the
The rest was exactly what he needed urgently now, said the unionist.

IG Metall regretted the resignation of the boss of Thyssenkrupp Heinrich Hiesinger and the threat of destruction warned the conglomerate. Hiesinger announced his resignation in early July, shortly after the merger of the steel division Thyssenkrupp with the European part of the Indian company Tata Steel. The agreement was intended to pave the way for the company's long-announced restructuring. The merger will create the second largest steel group in Europe.

Meanwhile, CFO Guido Kerkhoff heads the company.