Thyssenkrupp appoints Walker as new boss of elevator unit

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Reuters FRANKFURT
Last Updated : Dec 14 2018 | 3:05 PM IST

FRANKFURT (Reuters) - Industrials conglomerate Thyssenkrupp on Friday appointed Peter Walker as the new chief executive of its prized elevators unit, the group said.

Walker joined the unit's management board on Feb. 1 as chief operating officer and succeeds Andreas Schierenbeck as CEO, who left the group on Nov. 30 after the business fell further behind peers, most notably Finland's Kone.

Reuters told sources last month that Walker, a company veteran that joined the firm in 1995, was likely to succeed Schierenbeck.

(Reporting by Christoph Steitz; editing by Thomas Seythal)

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First Published: Dec 14 2018 | 2:50 PM IST

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