BERLIN (Reuters) - Thyssenkrupp (TKAG.DE) Chief Executive Heinrich Hiesinger said on Thursday his offer to resign was meant to spark a discussion on the supervisory board about the future of the company.
“A joint understanding of Board and Supervisory Board on the strategic direction of a company is a key pre-requisite for successfully leading a company,” Hiesinger said in a statement.
The engineering group’s steelmaking joint venture deal with Tata Steel (TISC.NS), announced last Saturday, marks “the next significant step” to turning Thyssenkrupp into a strong industrial company, he said.
Hiesinger freed Thyssenkrupp from “an existential crisis” and made the company fit for the future, chairman Ulrich Lehner said.
Reporting by Andreas Cremer; Editing by Mark Potter