Thyssenkrupp CEO says resignation offer aims to spark debate about future of company

BERLIN (Reuters) - Thyssenkrupp Chief Executive Heinrich Hiesinger said on Thursday his offer to resign was meant to spark a discussion on the supervisory board about the future of the company.
"A joint understanding of Board and Supervisory Board on the strategic direction of a company is a key pre-requisite for successfully leading a company," Hiesinger said in a statement.
The engineering group's steelmaking joint venture deal with Tata Steel, announced last Saturday, marks "the next significant step" to turning Thyssenkrupp into a strong industrial company, he said.
Hiesinger freed Thyssenkrupp from "an existential crisis" and made the company fit for the future, chairman Ulrich Lehner said.
(Reporting by Andreas Cremer; Editing by Mark Potter)
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jul 05 2018 | 11:13 PM IST
