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The chaos at Thyssen-Krupp is no end: two weeks ago, CEO Heinrich Hiesinger announced his resignation. He is now followed by the Chairman of the Supervisory Board, Ulrich Lehner, who will leave his post at Thyssen-Krupp on 31 July. According to a statement from the group on Monday evening
Lehner said: "I am deliberately doing this step to allow a fundamental discussion between our shareholders on the future of Thyssen-Krupp." His decision can help To raise awareness of all those involved, "breaking the company and the loss of many jobs that results from it is not an option – neither in the sense of the founder nor in the interest of our country."
Lehner replies with his resignation Discussion on the strategic direction of Thyssen-Krupp. While shareholders such as the two investment funds Cevian and Elliott recently insisted on deep unbundling of the complex corporate structure, Hiesinger and Lehner wanted to keep the group as a conglomerate. The Group operates in the sectors of steel, equipment, construction, component manufacturing and elevator production.
The Krupp Foundation, which is the largest shareholder with 21% of the shares, was also a promoter of a diversified industrial group. Mathematics professor Ursula Gather heads the board of directors, the Foundation's latest course: The Handelsblatt reported Monday that Gather had talks with competitor Kone in 2016 for a sale of the elevator division of Thyssen-Krupp
Also gathering doubts about Hiesinger's course on the Supervisory Board – although the last heir Krupp Alfried Krupp von Bohlen and Halbach wrote the mandate of the foundation to "preserve the company's unity" as much as possible."
Ob who can still succeed, is now debatable. With Lehner leaves after Hiesinger now the next big opponent of a division of the company. The 72-year-old said clearly after his announcement: "The trust of the major shareholders and a common understanding in the supervisory board on the strategic direction of Thyssen-Krupp was the basis of my work and a prerequisite to my promise to Berthold Beitz, the company in the interest of shareholders, Successfully Developing Employees and Customers.This is no longer the case today. "
The Staff of the Company was extremely saddened. After Hiesinger left, the employees should have been close to tears. Guido Kerkhoff, acting successor of Hiesinger at the head of the Thyssen-Krupp Executive Board, explains: "The Executive Board regrets the resignation of Ulrich Lehner." With his "calm and reliable leadership," he has always struck a balance between shareholder and employee interests.
Lehner has been a member of the Supervisory Board since 2008. In 2013, at the request of Berthold Beitz, a long-time corporate patriarch and founder of the Krupp Foundation, he was appointed chairman of the committee. The Thyssen-Krupp Supervisory Board intends to appoint a successor for Lehner in the near future.
How will this continue after this is currently open. After the resignation of Hiesinger, Lehner had asked former finance director Kerkhoff to pursue the previous strategy. A reorientation should only be attempted in the coming weeks.
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