Thyssenkrupp Chief Executive Martina Merz, who launched the conglomerate's largest structural overhaul, is seeking to step down, the German industrial group said on Monday, without providing a reason for the move.
"With him at the top, we will continue on the path of transformation on the basis of the strategic lines that have been laid down. This is challenging, but necessary," Thyssenkrupp Chairman Siegfried Russwurm said.
Shareholder pressure on Merz had been mounting in recent months over a turnaround of the sprawling conglomerate that was seen as too slow and not far-reaching enough. "Martina Merz has taken over a very difficult task at a challenging time and since then has initiated a fundamental change process at Thyssenkrupp with great commitment and expertise," Russwurm said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lyft gears up to make ‘significant’ layoffs under new CEOLyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with an eye toward driving down costs to help bring its fares more in line with its biggest rival, Uber.
Leer más »
Alphabet CEO Sundar Pichai earned $226 million last yearInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
BlackRock CEO Sold Monstrous Personal StakeBlackRock CEO Larry Fink sells monstrous amount of $BLK, here's why this might be bearish signal w/ TrendSpider BlackRock
Leer más »
Alphabet, Google CEO Pichai is awarded $226 million in compensation for 2022Alphabet and Google CEO Sundar Pichai received $226 million in compensation for 2022 including over $200 million in stock awards.
Leer más »