Overview
- The supervisory board approved a five-year extension of López’s contract, moving its end date from May 2026 to May 2031.
- Two employee representatives voted against the decision in line with IG Metall’s criticism over limited worker involvement in key decisions.
- Supervisory Board Chairman Siegfried Russwurm commended López for driving major strategic realignment over the past two years.
- López’s overhaul will convert Thyssenkrupp into a holding company overseeing five independent businesses open to external investors.
- As of March 2025, the conglomerate employs about 95,600 people across its steel, marine shipbuilding, automotive parts and green technology divisions.