Also categorized in BoardNews:
Ford Fires CEO Mark Fields; Former Steelcase Chief Jim Hackett To Take Over
x hide permanently

Breaking News: Thyssenkrupp CEO Resigns After Activist Shareholder Pressure


Twitter Thyssenkrupp AG Chief Executive Officer Heinrich Hiesinger resigned days after the company inked a deal for a European steel joint venture that faced fierce investor opposition. “Today I informed the Supervisory Board that I would like to step down from my position,” Hiesinger said in a statement on Thursday. Hiesinger’s leadership at Thyssenkrupp had been marked by criticism for the company’s declining revenue, rising costs and a declining stock price...

Mentions: Leadership Management CEO