The chief financial officer of thyssenkrupp AG, Jens Schulte, has asked the company’s supervisory board to terminate his contract by mutual consent, Kallanish learns.
Schulte wishes to join the DAX-listed Deutsche Börse AG group as cfo, thyssenkrupp clarifies. It says the supervisory board will in the near future debate this request and a date for the possible termination of his appointment. Until he leaves the company, Schulte will perform his duties as cfo, a statement says.
Schulte took office at thyssenkrupp only in June this year. He is also due to assume the role of human resources chief as of February 2025.
“We respect Mr. Schulte’s wish to seize the opportunity to join the executive board of a DAX-40 company, although we very much regret his departure,” says Siegfried Russwurm, chairman of thyssenkrupp’s supervisory board. The conglomerate itself is no longer a DAX-40 company, after it moved down to the stock market’s mid-cap segment some years ago.
Still, Schulte’s departure after barely half a year with the company has raised some eyebrows against the backdrop of numerous thyssenkrupp executives departing in recent months, mainly at the tk Steel division.
Christian Koehl Germany
