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Thyssenkrupp Industrial Solutions restructures

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World Coal,

Thyssenkrupp Industrial Solutions has announced a reorganisation of its business units as part of the company’s “planets” transformation programme.

As part of this, the current resource technologies business unit will be dissolved and its operating units upgraded to full business units. As a result Industrial Solutions will have eight business units including mining technologies.

“We are operating in a difficult environment and want to make our organization faster, more flexible and more efficient,” said Jens Michael Wegmann, CEO of the Industrial Solutions business area.

The new business units will have global responsibility for the development of their businesses, project management and profit and loss. They will report directly to the management board of the Industrial Solutions business area.

The company also announced appointment of Johan Cnossen to the new position of Chief Operating Officer. Previously the CEO of KHD Humboldt Wedag, Cnossen will lead the company’s transformation efforts.

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