Supervisory Board of the week: Siegfried Russwurm (ThyssenKrupp)

Siegfried Russwurm

In recent days, German companies have reported several exciting personal details from their supervisory bodies, including the withdrawal of liquor patriarch Emil Underberg (78) from the supervisory board and the nomination of former Siemens boss Klaus Kleinfeld (61) for the board of directors of SNP SE. However, ThyssenKrupp Supervisory Board Chairman Martina Merz announced what is probably the most important new appointment: Siegfried Russwurm (55) joins the committee and succeeds former CEO Hans-Peter Keitel.

Sootworm for Keitel – Voith also had it

Merz announced on Monday that the Supervisory Board was “again fully occupied”. At the end of last year, Keitel had announced his early withdrawal – according to media reports, because he no longer wanted to support “the strategic and personnel chaos”. With the appointment of Siegfried Russwurm, ThyssenKrupp is following in the footsteps of the plant engineering company Voith: The long-standing Siemens board member recently also replaced Hans-Peter Keitel – albeit as chairman of the supervisory board.