On September 3, 2024, thyssenkrupp announced that Ilse Henne, a current board member, will replace Sigmar Gabriel as the chairwoman of the supervisory board for thyssenkrupp Steel. This decision comes just five days after Gabriel's resignation, marking a pivotal moment for the company as it navigates challenges within its steel division. Henne, who has been a member of the Executive Board since the beginning of the year, is expected to bring fresh perspectives and expertise to the role during a critical time for the organization.
Ilse Henne has a solid background in the materials division of thyssenkrupp, making her well-suited for her new position. Thyssen-Krupp CEO Miguel López expressed confidence in Henne's capabilities, stating in an internal video for employees that she possesses the necessary experience and expertise to lead the steel division effectively. Her appointment is seen as a strategic move to stabilize the supervisory board following recent turmoil and to guide the company through its ongoing transformation in the steel industry.
The recent leadership changes at thyssenkrupp Steel come amid a backdrop of significant challenges facing the global steel market. The company has been grappling with issues such as fluctuating demand, rising raw material costs, and increasing competition from both domestic and international players. These factors have prompted discussions about the future direction of the steel division, making strong leadership crucial for navigating the complexities of the industry.
Last week, four members of the Supervisory Board announced their resignation, citing a loss of trust between themselves and the company's executive board. This shake-up raised concerns about the internal dynamics at thyssenkrupp and its ability to maintain a cohesive strategy moving forward. Additionally, Elke Eller, a key figure on the shareholders' side, also stepped down, leaving questions about who will fill these critical roles in the governance structure of the company.
