Incoming board member Martina Merz tipped to chair Thyssenkrupp
If appointed, she would be the first woman to take the post
Frankfurt/Duesseldorf — Incoming Thyssenkrupp supervisory board member Martina Merz has emerged as the favourite to become head of the steel-to-submarines conglomerate’s supervisory board, three people familiar with the matter say. A proposal by the supervisory board to appoint Merz as chair could be included in the invitation to the company’s February 1 annual general meeting, which would be sent out next week, the people said. If appointed, she would be the first woman to take the post. Outgoing Daimler finance chief Bodo Uebber, who had been a candidate to be Thyssenkrupp’s next chair, failed to win the backing of labour representatives to join the board in November. No final decision has been made on Merz’s possible appointment and there is no guarantee that an agreement will be reached, the people said. Merz was appointed as a supervisory board member in November. She would first need to be confirmed as an ordinary board member by shareholders at the annual general meeting befo...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.