Salzgitter Board Extends CEO’s Tenure
12/07/2023 - Salzgitter AG’s supervisory board has extended chief executive officer Gunnar Groebler's contract until 2029, the German steelmaker said Thursday.
"During his tenure to date, Gunnar Groebler has initiated and driven key decisions for the Salzgitter Group forward. Salient examples include the implementation of the new ‘Salzgitter AG 2030’ Group strategy with its focus on the circular economy, the acceleration of the Salzgitter Low-CO2 Steelmaking (SALCOS) transformation program and active portfolio management,” said Heinz-Gerhard Wente, supervisory board chairman.
Groebler has been chairman of the executive board since July 2021.