Michael Höllermann and Johan P. Cnossen are to join the management board of the Industrial Solutions business area effective August 1, 2016. Michael Höllermann (51), CEO of the Regional Headquarters South America since 2012, will be the new Chief Human Resources Officer (CHRO). Johan P. Cnossen (56), who joined Industrial Solutions on May 1 as head of the transformation office for the implementation of 'planets', will hold the new position of Chief Operating Officer. With the 'planets' program Industrial Solutions is in a process of reorganization. The aim is to secure growth, enhance performance, focus more strongly on customers, markets and high-margin service business, and drive culture change within the business area. A central element of this is the further development of the organizational structure towards a modern management structure focused on customers and business fields and integrating the Marine Systems and System Engineering units more closely.

With the appointments, Jens Michael Wegmann, CEO of the Industrial Solutions business area since October 15, 2015, has now filled all board positions: 'By appointing Michael Höllermann and Johan P. Cnossen we have gained two very experienced managers to drive forward the reorganization of Industrial Solutions in a difficult market environment and focus our organization even more firmly on the needs of customers.'

The new CFO, already in place since June 1, is Stefan Gesing (38). Also on the board is Dr. Hans Christoph Atzpodien (60), who concentrates on the management of Marine Systems.

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ThyssenKrupp AG published this content on 13 July 2016 and is solely responsible for the information contained herein.
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