Thyssenkrupp: resignation of the chairman of the supervisory board, Ulrich Lehner



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Economics

Leadership Chaos The Next Resignation at Thyssenkrupp

| Duration: 3 minutes

  Carsten Dierig

  Corporate Governance 2016 Ulrich Lehner   Corporate Governance 2016 Ulrich Lehner

Resignation because he can not keep his promise to Berthold Beitz: Ulrich Lehner

Source: philip nuürnberger

After CEO Heinrich Hiesinger, Chairman of the Supervisory Board, Ulrich Lehner, also throws in the towel. Both complain of lack of support from the Krupp Foundation.

D The leadership chaos at ThyssenKrupp reaches the next summit. After the surprising resignation of CEO Heinrich Hiesinger at the beginning of the month, the chairman of the supervisory board, Ulrich Lehner, resigns. The 72-year-old man resigned from his seat on July 31 and resigned from the board of directors at the same time.

"The trust of the major shareholders and a common understanding of the supervisory board regarding the strategic direction of ThyssenKrupp have been the basis of my work Berthold Beitz, to successfully develop the company in the world. interest of shareholders, employees and customers.Lehner explains his withdrawal – and chooses almost identical words as previously Hiesinger.

In his farewell statement, the director speaks of a deliberate move to allow A fundamental discussion on the future of ThyssenKrupp Lehner remains on this issue for the preservation of the Dax Group as an industrial conglomerate with different business sectors such as elevators, large factories, shipyards and shipyards. auto parts.

  ThyssenKrupp CEO Heinrich Hiesinger (r) and CFO Guido Kerkhoff will be on the podium on November 24, 20 16 in Essen (North Rhine-Westphalia). The industrial group Thyssenkrupp presented its annual figures for the 2015/16 financial year. Photo: Federico Gambarini / dpa +++ (c) dpa - diffusion +++ | Global Use

After the Resignation of Hiesinger

Financial investors, especially the majority shareholder Cevian Capital and the US Hegdefonds Elliott, are pushing for the dissolution of ThyssenKrupp. "My decision can help raise the awareness of those involved with the idea that a break in the business and the loss of many jobs are not an option – neither in the interest of the founder nor the in the interest of our country, "says Lehner.

Gather had been silent for months

The experienced manager, who had been Henkel's managing director for many years, criticized Alfried Krupp von Bohlen and Halbach Foundation, ThyssenKrupp's largest shareholder. Although their goal is to keep the traditional group of the Ruhr together as a business.

In recent months, however, many doubts have been raised about the fact that the board of directors Ursula Gather wishes to accomplish this task. After a special session, the foundation publicly announced its commitment to the company and its employees last Friday, after being silent for months in a raging political conflict.

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  ARCHIVE - 19.01.2018, North Rhine-Westphalia, Bochum: Heinrich Hiesinger, CEO of ThyssenKrupp, stands alongside the new member of the Supervisory Board, Ursula Gather, at the press conference. annual general meeting of his company. (at dpa: "leadership crisis at ThyssenKrupp: the Foundation wants to ensure stability") Photo: Bernd Thissen / dpa +++ dpa-Bildfunk +++

Leadership crisis at ThyssenKrupp

Lehner but these words n & Have apparently not been enough, just right after other discussions in the background, as he says of the environment: "He sees in the Foundation currently no support." For those responsible for the hill of the villa that is a low blow, say the experts. Until now, the foundation does not want to comment on this or resign from Lehner.

The board of directors of Hiesinger's successor, Guido Kerkhoff, expressed regret over the withdrawal of Lehner. "With his calm and reliable leadership of the Supervisory Board, he has always found a balance between shareholder and employee interests."

Lehner has been a member of the Supervisory Board of ThyssenKrupp for ten years, since 2013, the Rhinelander at its head. It was actually commissioned until 2020, just like Hiesinger, who was supported by him.

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  ARCHIVE - 20.09.2017, North Rhine-Westphalia, Essen: Thyssenkrupp AG CEO Heinrich Hiesinger leaves the room after a press conference at the company's headquarters. This Friday, the Thyssenkrupp Supervisory Board will decide on the retirement of the head of the conglomerate requested by CEO Hiesinger. Employees are all but satisfied with the surprising departure of the controversial shareholder manager. Photo: Marcel Kusch / dpa +++ dpa-Bildfunk +++

Dissatisfied shareholders

The successor to the chairmanship of the Supervisory Board is determined by the control remaining in the short term. Then a new member of the Supervisory Board must be found, more precisely, even two. Even former Telekom CEO, René Obermann, is expected to leave the board of directors.

He recently voted against management at the decisive meeting on the merger of ThyssenKrupp's Steel division with the European company of the Indian competitor Tata Steel Europe, which has since been decided. Unlike Lehner, however, there is still no date for the departure of Obermann, say insiders.

What the merger of Tata and Thyssen-Krupp meant for investors

The video could not be played. later still.

The marriage of steel between Tata Steel and Thyssen-Krupp is perfect. This will create the second largest European steel group. What is the boss of Thyssen-Krupp, Heinrich Hiesinger, hoping?

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