ThyssenKrupp Reshuffles Board After Losses, Corruption Case
This article is for subscribers only.
ThyssenKrupp AG, Germany’s largest steelmaker, ousted three top executives in an effort to repair a boardroom tainted by corruption allegations and an ill-fated expansion in the Americas.
Executive board members Olaf Berlien, 50, Edwin Eichler, 54, and Juergen Claassen, 54, will be relieved of their duties at the end of the year, the Essen-based company said in a statement late yesterday.