Company News Mar 13, 2013 6:40 PM
Ulrich Lehner should become Chairman of the Supervisory Board of ThyssenKrupp AG
In separate consultations and discussions shareholder and employee representatives of the Supervisory Board of ThyssenKrupp AG have agreed to elect Professor Dr. Ulrich Lehner in an extraordinary meeting on March 19, 2013 as the new Chairman of the Supervisory Board.
The entire Supervisory Board supports the strategic way forward of the Group and the associated cultural changes initiated by the Executive Board. The current challenges, the contemporary sale of Steel Americas and the necessity to continue with the comprehensive change process require a strong Supervisory Board. For this reason the shareholder and the employee representatives have decided on an internal solution. Prof. Dr. Lehner, who has been a member of the Supervisory Board of ThyssenKrupp AG since 2008, has already announced to restructure the Supervisory Board parallel to the strategic way forward of the Group and that the topics Corporate Governance and Compliance will become core areas for the future work of the Supervisory Board.
Prof. Dr. Ulrich Lehner is member of the Shareholder Committee of Henkel KGaA and until 2008 he was Chairman of the Management Board of the company. Additionally, he is Chairman of the Supervisory Board of Deutsche Telekom AG and a member in various Supervisory Boards and committees. In case he becomes Chairman of the Supervisory Board, Prof. Dr. Ulrich Lehner has announced to resign from mandates which he previously hold to fully concentrate on this new tasks.