Incoming Thyssenkrupp CEO expects to take 'tough, far-reaching' decisions
16/05/2023 17:00
FRANKFURT, May 16 (Reuters) - Thyssenkrupp's TKAG.DE
incoming chief executive does not intend to waste time when he
takes over the German conglomerate next month, he said on
Tuesday, under pressure to hive off several businesses,
including steel and defence.
"Tough, far-reaching decisions have to be made as we
diligently press ahead with the transformation process at the
required speed," Miguel Angel Lopez Borrego, who will take over
as CEO on June 1, said in a statement.
(Reporting by Christoph Steitz
Editing by Riham Alkousaa)
((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))