Posted: Thu 25th Feb 2016

Tata Steel Europe CEO Karl Koehler resigns

News and Info from Deeside, Flintshire, North Wales
This article is old - Published: Thursday, Feb 25th, 2016

Karl Koehler the Chief Executive Officer (CEO) of Tata Steel’s embattled European arm, has resigned from his post.

The Tata Steel board announced Koehler has decided to step down and will take up a senior leadership position with a large privately-owned industrial company in Germany.

He will remain available to Tata Steel for a short period in an advisory capacity.
With effect from 1 March 2016, Hans Fischer, currently Chief Technical Officer of Tata Steel Europe, will be appointed Chief Executive Officer and will join the Board of Tata Steel Europe.

Karl Koehler said:

“The last six years have been a challenging journey of change for Tata Steel in Europe as it dealt with unprecedented market conditions. The company’s focus on customers has led to the strengthening of its product portfolio and stronger partnerships with customers which have started to deliver results. The focus on efficiency gains, meanwhile, has been key to creating a better foundation for the company. I am grateful to have had the opportunity to play my role alongside many colleagues in achieving these changes.

“I am pleased that an individual with the experience and caliber of Hans Fischer will be taking over the role of Chief Executive Officer. I believe the new leadership of Tata Steel Europe will continue the journey of making the company stronger in the challenging times the European steel industry is facing.”

Koehler, a former member of the executive committee of industry body World Steel Association, was Vice Chairman of VDEh, the German Iron and Steel Institute.

During his over 30-year steel career, he has worked as a member of the Executive Board of ThyssenKrupp AG and has also been President of Eurofer or European steelmaking federation.

 

Spotted something? Got a story? Send a Facebook Message | A direct message on Twitter | Email: [email protected]
Latest News

  • Flintshire glamping site proposal could be approved despite road safety concerns
  • Plans to convert the Tavern in Alltami into apartments look set for green light
  • North Flintshire Police seek witnesses following ‘large public disorder’ incident in Shotton

  • More...

    Flintshire glamping site proposal could be approved despite road safety concerns

    News

    Plans to convert the Tavern in Alltami into apartments look set for green light

    News

    North Flintshire Police seek witnesses following ‘large public disorder’ incident in Shotton

    News

    Children’s hospices urge Welsh Government to provide ‘sustainable’ funding

    News

    Plans for traveller site in Flintshire village recommended for approval despite land contamination concerns

    News

    Police alert residents to cold callers operating in two parts of Flintshire

    News

    Planning: Greggs wants to open a new store in Queensferry

    News

    North Flintshire Police round up: Public order incident in Shotton leads to 2 arrests

    News

    Surge in ASDA scam emails prompts alert from Action Fraud

    News