ThyssenKrupp ‘s disastrous foray into the Americas had led to drastic losses, massive debts and write-downs, the dismissal of long-serving CEO Ekkehard Schulz and the termination of three of its six executive board members in 2011. The new CEO, Heinrich Hiesinger, set out to rebuild the company, but by 2015, financial and business analysts were still unsure about the outlook for ThyssenKrupp – once synonymous with German steel and industrial might. This case looks at the the transformation of ThyssenKrupp undertaken by Hiesinger.
Learning Objective
This case serves as a basis for a discussion of corporate governance.
Keywords
Corporate Governance
Settings
Europe, Germany
ThyssenKrupp, Materials, Steel
2011-2014
Available Languages
English
IMD case studies are distributed through case clearing houses. In order to browse the collection and purchase copies please visit the links below.
Copyright Information
IMD retains all proprietary interests in its case studies and notes. Without prior written permission, IMD cases and notes may not be reproduced, used, translated, included in books or other publications, distributed in any form or by any means, stored in a database or in other retrieval systems. For additional copyright information related to case studies, please contact Case Services.
