Personnel changes on the Executive Board of thyssenkrupp Steel

Duisburg, October 31, 2025

At its meeting on October 31, 2025, the Supervisory Board of thyssenkrupp Steel Europe AG appointed Marie Jaroni as CEO of the company and extended her contract for further five years, effective November 1, 2025.

Dennis Grimm, the previous Spokesman of the Executive Board and COO of thyssenkrupp Steel Europe AG, is stepping down from his positions by mutual agreement.

Ilse Henne, Chairwoman of the Supervisory Board: "Dennis Grimm assumed responsibility for the steel business at thyssenkrupp during a challenging phase and, in addition to numerous operational improvements, played a decisive role in shaping a new industrial concept and initiating the urgently needed restructuring. The Supervisory Board would like to express its gratitude to Dennis Grimm and wishes him all the best and continued success."

At its meeting, the Supervisory Board also extended the contract of CFO Philipp Conze, Chief Financial Officer at thyssenkrupp Steel since April 1, 2024, for another five years, also effective November 1, 2025.

Wilfried von Rath has been appointed as Labor Director and Chief Human Resources Officer in addition to his role as CHRO of thyssenkrupp AG and will head the Human Resources department at Steel as of November 1, 2025.

Certain Executive Board responsibilities will be temporarily reassigned. Marie Jaroni assumes interim responsibility for production operations, strategic corporate management, and additional functional areas. The position of Chief Production Officer will be filled in a structured process as soon as possible. Her current responsibilities will be taken over on an interim basis by the current Head of Sales, Georgios Giovanakis.

Ilse Henne, Chairwoman of the Supervisory Board: "Marie Jaroni and Philipp Conze enjoy the full confidence of the entire Supervisory Board. In recent months, Marie Jaroni has succeeded in setting the course for steel with strategic vision, persuasiveness, and great commitment. With her transition to the CEO position, she now has the opportunity to lead thyssenkrupp Steel into a successful future with her management team. Philipp Conze will continue to drive the performance-oriented financial management of the company with his many years of experience and great commitment."

Knut Giesler, Deputy Chairman of the Supervisory Board: “Marie Jaroni conducted the crucial negotiations on the restructuring collective agreement in a goal-oriented, consensus-driven, and fair manner. The same applies to the ongoing discussions on the conclusion of the company agreements. This has created a strong foundation of trust for her new role. Philipp Conze stands for the transparency and clarity we need on the way forward.”

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