Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  ThyssenKrupp AG    TKA   DE0007500001

Real-time Quote. Real-time Tradegate - 06/29 02:41:00 pm
17.86 EUR   +1.82%
09:45a THYSSENKRUPP : remains on growth track in Mexico
06/27 CARBON2CHEM : Industry cooperation for climate protection and energy..
06/22 LET THE GAMES B : thyssenkrupp completes modernization work at one o..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

ThyssenKrupp AG : ThyssenKrupp Supervisory Board Chairman Says Won't Step Down - Report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/16/2012 | 05:56pm CEST

The chairman of German steelmaker ThyssenKrupp AG's (TKA.XE) supervisory board has brushed off calls for him to step down following hefty losses from two overseas steel plants and a corruption scandal earlier in the year, according to the magazine Der Spiegel.

"I'm not someone who runs away from his responsibility" and won't step down, the magazine quotes Gerhard Cromme as saying Sunday.

ThyssenKrupp last week dismissed three executive board members after losses from plants in the U.S. and Brazil contributed to a 4.7 billion euro ($6.19 billion) loss in the fiscal year ending Sept. 30, and in the wake of price-fixing allegations.

Mr. Cromme said the outlook for the steel plants concerned was "much too optimistic" and turned out to be wrong.

Several politicians and shareholder associations last week called on Mr. Cromme to step down.

Magazine Web site: www.spiegel.de

Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on THYSSENKRUPP AG
09:45a THYSSENKRUPP : remains on growth track in Mexico
06/27 CARBON2CHEM : Industry cooperation for climate protection and energy transition
06/22 LET THE GAMES BEGIN : thyssenkrupp completes modernization work at one of the la..
06/22 THYSSENKRUPP : Germantown IDB receptive to ThyssenKrupp
06/21 BRIEF : Germantown IDB receptive to ThyssenKrupp
06/17 RIAS A/S : Recognition for college architecture
06/10 Merkel to press China on business conditions amid takeover wave
06/09 THYSSENKRUPP : MILITARY $1.16 Million Federal Contract Awarded to Rotek
06/07 BRIEF : Federal agency investigating industrial death of Portage County man
06/07 MAGELLAN AEROSPACE : Atlas elektronik selects canadian rocket technology for the..
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials