The head of Thyssenkrupp’s steel service, Dennis Grimm, has actually chosen to leave the department, 2 individuals knowledgeable about the matter stated on Tuesday, robbing the system of its leader as talks over a sale to India’s Jindal Steel International continue.
Grimm has actually been the representative for Thyssenkrupp Steel Europe’s (TKSE) executive board, or its de facto CEO, because August 30, 2024, after the department’s previous CEO Bernhard Osburg stepped down following a clash with Thyssenkrupp’s management over method.
TKSE and Thyssenkrupp decreased to comment.
Grimm’s departure comes as Thyssenkrupp is deepening talks with Jindal Steel International over a sale of TKSE, with a delegation from the Indian business set up to step up due diligence of business today, sources informed Reuters.
German paper Bild, mentioning business sources, initially reported Grimm’s departure, stating it was the outcome of a falling out with Thyssenkrupp CEO Miguel Lopez over the tactical course of business.
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