Overview
- The supervisory board appointed Jaroni effective immediately, making her the first woman to lead Germany’s largest steelmaker.
- Jaroni and finance chief Philipp Conze received five‑year contract extensions running to 2030.
- Jaroni will temporarily oversee production, Georgios Giovanakis takes her sales brief on an interim basis, and Wilfried von Rath becomes personnel chief for the steel unit.
- The loss‑making division faces overcapacity, high energy costs and cheap imports, with a plan to reduce the workforce from about 27,000 to roughly 16,000 by 2030 under the new labor pact.
- Thyssenkrupp is in talks with India’s Jindal Steel about a potential sale, and a federal steel summit is scheduled for Nov. 6 to address the sector’s pressures.