Supervisory Board resolves contract extension for Dr. Heinrich Hiesinger

thyssenkruppIn its meeting today, the Supervisory Board of ThyssenKrupp AG extended the contract of Executive Board Chairman Dr. Heinrich Hiesinger until September 2020. Hiesinger has been Chief Executive of the Essen-based industrial and technology group since January 2011.

“Under Heinrich Hiesinger’s leadership, the Strategic Way Forward has set the course for the restructuring of ThyssenKrupp into a diversified and sustainably profitable industrial group and significantly changed the company’s corporate culture. In the last three years the Executive Board has stabilized the Group financially and at the same time invested in ThyssenKrupp’s future,” said Supervisory Board Chairman Professor Ulrich Lehner. He continued: “The Supervisory Board values the consistency, sense of moderation, and also the steady hand with which Heinrich Hiesinger and his Executive Board team have implemented the extensive changes. The company is on the right track.”

A detailed résumé and portrait photo of Dr. Heinrich Hiesinger can be found on the internet at

ThyssenKrupp has around 160,000 employees in nearly 80 countries working with passion and expertise to develop technologies, products and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2012/2013 ThyssenKrupp generated sales of around € 39 billion.

For us, innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise in the areas of “Mechanical”, “Plant” and “Materials”, we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-friendly way.