Jörg Schönewolf (54), CFO, and Martin Hilbig (60), CHRO, will soon be stepping down from the board of Industrial Solutions for personal reasons effective May 31, 2016. The new CFO of Industrial Solutions will be Stefan Gesing (38), currently Head of Controlling, Accounting & Risk at thyssenkrupp AG. Stefan Gesing has successfully restructured the Group’s controlling function in recent years. A holder of a degree in business administration, he has been with thyssenkrupp since November 2011 and previously held various management positions within the CFO department of Deutsche Telekom AG. To ensure an orderly handover Jörg Schönewolf and Martin Hilbig will continue to support the company in an advisory capacity for a transitional period. A decision on the new CHRO will be made shortly.