New heads of Legal and Compliance at ThyssenKrupp
In
making the succession arrangements for Dr. Thomas Kremer - since June a member
of the Board of Management of Deutsche Telekom - at Corporate Center Legal and
Compliance, ThyssenKrupp has elected to split the two areas. At Legal there will
be an external solution and at Compliance an internal succession:
The new
General Counsel of ThyssenKrupp will be Arne Wittig (50), hitherto General
Counsel/Germany/Central and Eastern Europe with Deutsche Bank. The new Chief
Compliance Officer will be Dr. Christoph Klahold (41).
At Deutsche Bank,
Arne Wittig led a team of more than 100 legal experts. His responsibilities
included providing comprehensive legal counsel to the bank in Germany on all
aspects of the banking business but also on stock corporation law and corporate
governance.
"In Arne Wittig we have recruited a high-caliber new General
Counsel who through his many years of work at Deutsche Bank brings wide-ranging
experience in providing legal counsel to a leading DAX company," says Dr. Jürgen
Claassen, responsible for Legal and Compliance on the Executive Board of
ThyssenKrupp.
In the compliance area, ThyssenKrupp has chosen an internal
succession solution. Christoph Klahold has been with ThyssenKrupp since 2000 and
played a major part in developing the ThyssenKrupp Compliance
Program.
"We are pleased that in Christoph Klahold we are able to appoint
an outstanding internal candidate as the Group's new Chief Compliance Officer.
This is in line with our aim to maintain the leading position of the
ThyssenKrupp Compliance Program among the DAX 30 companies," explains Jürgen
Claassen.
In fall 2011 the ThyssenKrupp Compliance Program became the
first compliance management system of a DAX company to be certified as
appropriate, implemented and effective in accordance with the new IDW PS 980
standard of the German Institute of Public Auditors (IDW).
By splitting
legal and compliance, ThyssenKrupp is following the trend among DAX companies.
Dr. Jürgen Claassen will remain responsible for both areas on the Executive
Board.
At
ThyssenKrupp 170,000 employees in around 80 countries work with passion and
expertise to develop solutions for sustainable progress. Their skills and
commitment are the basis of our success. In fiscal year 2010/2011 ThyssenKrupp
generated sales of €49 billion.
For us, innovations and technical
progress are key factors in managing global growth and using finite resources in
a sustainable way. With our engineering expertise in the areas of "Material",
"Mechanical" and "Plant", we enable our customers to gain an edge in the global
market and manufacture innovative products in a cost- and resource-efficient
way.
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