US EditionThyssenkrupp CEO Gets New 5-Year Contract
11 Articles
11 Articles
The Supervisory Board of the industrial group Thyssenkrupp has extended the contract of CEO López by five years.
The contract of Thyssenkrupp's CEO Miguel López has been extended, to the displeasure of IG Metall representatives. During the vote, López probably received prominent backing.
Thyssenkrupp CEO gets new 5-year contract
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp CEO Miguel Lopez has received a new five-year contract, the German conglomerate said on Friday, also setting a summer date for an extraordinary general meeting to let shareholders approve the planned listing of its defence unit. Thyssenkrupp did not say whether the vote on the contract extension until May 31, 2031 had required the casting vote of Supervisory Boa…
Miguel López now has plenty of time for the planned corporate conversion: The Supervisory Board of Thyssenkrupp has extended its contract by five years.
Against the resistance of the employees, the Supervisory Board is waving the extension: the controversial Group CEO López is allowed to continue until May 2031. Competitor Arcelor stops the green steel. This could happen in Duisburg in the medium term as well.
Coverage Details
Bias Distribution
- 60% of the sources are Center
To view factuality data please Upgrade to Premium
