Ralf nentwig. Report by the Supervisory Board 2020-01-02

Report by the Supervisory Board

Ursula Gather as a new member to the Supervisory Board. At the time of the close of the Annual General Meeting the Alfried Krupp von Bohlen und Halbach Foundation delegated Prof. Bernhard Pellens as Chairman in the meeting on September 30, 2018, the business of the Supervisory Board was conducted by Vice Chairman Markus Grolms. Conflicts of interest of Executive Board and Supervisory Board members, which must be disclosed to the Supervisory Board immediately, did not occur in the past fiscal year. The chairmen of the committees provided the Supervisory Board with regular detailed reports on the work of the committees in the reporting year. The committee also discussed in detail reports presented to the Supervisory Board on the business activities and strategy of the individual business areas and corporate functions, in particular on the formation of a joint venture with Tata Steel Europe.

Dominik Nentwig Inventions, Patents and Patent Applications

Ralf Nentwig, who is standing down from the Supervisory Board at the close of the Annual General Meeting on January 19, 2018. A short time later Prof. Purdue University, located in West Lafayette, Indiana, is the flagship university of the six-campus Purdue University system. The Supervisory Board regularly received reports from the committees and on the subject of compliance. Discussions focused on the strategic development of thyssenkrupp and portfolio optimization measures. Dirk Sievers was court-appointed as his successor with effect from October 2, 2018.

Nentwig

The Supervisory Board has delegated decision-making powers to the committees where this is legally permissible. The Corporate segment refers to the head office; and the performance of processes in accounting, information technology, real estate and human resources, as well as special units for the management of the real estate operations. The following changes took place on the shareholder side: Upon the close of the Annual General Meeting on January 19, 2018 Dr. Ulrich Lehner left the Supervisory Board on July 31 and René Obermann on August 31 of the reporting year. The position of Supervisory Board Chairman was held by Prof. The auditors declared to the Audit Committee that no circumstances exist that could lead to the assumption of prejudice on their part.

New member of the Supervisory Board of thyssenkrupp AG

The Materials Services segment distributes materials and provides complex technical services for the production and manufacturing sectors. In the periods between meetings, the Chairmen of the Supervisory Board, Audit Committee and Strategy, Finance and Investment Committee engaged in a close and regular exchange of views and information with the Executive Board and were informed about major developments. Following examination and discussion of the parent-company financial statements, the consolidated financial statements, and the combined management report by the Supervisory Board no objections were raised. Nentwig, Wendy Lee Nentwig, Iris Nentwig-Gesemann, Kenneth Ewald Nentwig, Karl-Heinz Nentwig Recent searches: Top searches: Random names:. This also included information on variances between actual performance and previously reported targets as well as on budget variances follow-up reporting. In our responsibility for the Company and its employees, however, we now turn our attention to the future. Shortly afterwards in its meeting on July 6, 2018 the Supervisory Board with great regret accepted Dr.

New member of Supervisory Board of thyssenkrupp AG

Ulrich Lehner until his departure on July 31, 2018. Today, Purdue is a member of the Big Ten Conference. Ten Supervisory Board meetings were held in the reporting year. In several meetings the Audit Committee monitored the accounting process and discussed the effectiveness of the internal control system and optimizations made to it, the risk management system and the internal auditing system. It also dealt in detail with the main legal disputes and compliance in the Group and discussed at length the strategic compliance measures at thyssenkrupp. She will be delegated by the Alfried Krupp von Bohlen und Halbach Foundation for a period of five years and succeeds Dr.

Nentwig

Regular reports were provided on the status of the corporate initiatives. The realignment makes economic sense and is borne out of responsibility to the Company, its employees and all its shareholders. At the end of the reporting year the Supervisory Board also discussed and approved the parent-company and consolidated financial statements for the year ended September 30, 2018. We will now take this path together. Until the election of Prof.

New member of Supervisory Board of thyssenkrupp AG

The powers of the committees and the requirements on committee members are set out in the rules of procedure for the respective committees. In addition, proposals for establishing the performance bonus and additional bonus and the structuring of pensions for the members of the Executive Board were dealt with. Discussions focused in particular on preparing the appointments that had become necessary on the shareholder side of the Supervisory Board. Where required by law, the Articles of Association or the rules of procedure for the Executive Board, the Supervisory Board provided its approval of individual business transactions. It furnished us with regular written and verbal reports containing up-to-date and comprehensive information on all issues of relevance to the Company and the Group relating to strategy, planning, business performance, the risk situation and compliance. The chairmen of the committees were also in close contact with the other members of their committees outside the regular meetings to coordinate special projects. The Components Technology segment offers components for the automotive, construction, and engineering sectors as well as for the wind turbines.

New member of the Supervisory Board of thyssenkrupp AG

In addition PwC reported in detail on the new rules for audit reports and on procedures and quality management in connection with the audit of the financial statements. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. Bernhard Pellens Chairman Essen, November 20, 2018. From August 1, 2018 the Vice Chairman Markus Grolms took over the chair of the Supervisory Board. In the committees and in full Supervisory Board meetings, the members of the Supervisory Board always had ample opportunity to critically examine the reports and resolution proposals submitted by the Executive Board and contribute suggestions. The committee members dealt in detail with governance matters in relation to the planned joint venture with Tata Steel. The Chairman of the Audit Committee was also in regular contact with the auditors between meetings.

New member of the Supervisory Board of thyssenkrupp AG

Important facts were reported immediately to the following Supervisory Board or Committee meetings. The auditors also confirmed that the Executive Board has installed an appropriate reporting and monitoring system which is suitable in its design and handling to identify at an early stage developments which could place the continued existence of the Company at risk. In addition, the Executive Board and Supervisory Board report on corporate governance at thyssenkrupp in the corporate governance report and the corporate governance statement. Where required, resolutions were passed or recommendations for resolutions were made to the Supervisory Board. . On numerous occasions the Supervisory Board dealt at length with the risk situation of the Company, the liquidity planning and the equity situation. He will be delegated by the Foundation for a further five years.