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Company News, 2016-06-01, 09:30 AM

Changes on the board of thyssenkrupp Industrial Solutions

Jörg Schönewolf (54), CFO, and Martin Hilbig (60), CHRO, will be stepping down from the board of Industrial Solutions for personal reasons effective May 31, 2016. The new CFO of Industrial Solutions will be Stefan Gesing (38), currently Head of Controlling, Accounting & Risk at thyssenkrupp AG. He joins the management team led by Industrial Solutions CEO Jens Wegmann. Stefan Gesing has successfully restructured the Group’s controlling function in recent years. A holder of a degree in business administration, he has been with thyssenkrupp since November 2011 and previously held various management positions within the CFO department of Deutsche Telekom AG. Stefan Gesing will be succeeded as Head of Controlling, Accounting & Risk by Philipp Conze (40), currently Head of Performance Management and Controlling.

To ensure an orderly handover Jörg Schönewolf and Martin Hilbig will continue to support the company in an advisory capacity for a transitional period. A decision on the new CHRO will be made shortly.

During his many years working for thyssenkrupp Jörg Schönewolf was among other things a member of the management board of Thyssen Henschel and the Uhde business unit before becoming CFO of thyssenkrupp Marine Systems in 2012 and subsequently of thyssenkrupp Industrial Solutions, playing a key role in their realignment.

Martin Hilbig began his career in the Group with Krupp Stahl AG as head of personnel at the Rheinhausen steel mill. After heading up executive development at thyssenkrupp Technologies for several years he was playing a key role as CHRO in the restructuring and realignment of the System Engineering business unit. Martin Hilbig became CHRO of thyssenkrupp Marine Systems in Hamburg in 2011 and subsequently of thyssenkrupp Industrial Solutions, leading the realignment of their HR operations.

thyssenkrupp thanks Martin Hilbig and Jörg Schönewolf for their good work and wishes Stefan Gesing and Philipp Conze great success in their new roles.

Twitter: @thyssenkrupp_en

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