Dr. Cromme steps down as Chairman of the Supervisory Board of ThyssenKrupp AG

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Dr. Gerhard Cromme (70) will step down as Chairman of the Supervisory Board of ThyssenKrupp AG effective March 31st, 2013. Concurrently he has requested the Alfried Krupp von Bohlen und Halbach Foundation to revoke his delegation into the Supervisory Board of ThyssenKrupp AG also effective March, 31st, 2013.

Dr. Cromme will also step down as Vice Chairman of the Board of Trustees and as a member of the Alfried Krupp von Bohlen und Halbach Foundation.

After having served in different leadership roles at Krupp and the respective successor companies for more than 27 years Dr. Cromme states:

„With this step – after 12 years as Chairman of the Supervisory Board of ThyssenKrupp AG and acting in responsibility towards the company, its employees as well as its shareholders – I want to support a renewal regarding the Supervisory Board. Over the last 200 years the company has always successfully overcome several critical situations and I am convinced it will be the same this time. I will remain strongly attached to the company and its employees.”

Dr. Heinrich Hiesinger, CEO of ThyssenKrupp AG: „The Executive Board as well as our employees have acknowledged the decision by Dr Cromme with respect and wish to thank him for his longstanding service for ThyssenKrupp and its predecessor companies. Dr. Cromme has distinctly shaped the landscape of the German Steel Industry. The mergers of Krupp and Hoesch in 1992 and later with Thyssen 1999 are results of his forward-looking initiatives and have contributed significantly to the required restructuring of the steel industry.”

News Source : Dr. Cromme steps down as Chairman of the Supervisory Board of ThyssenKrupp AG