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The confidence of the major shareholders and a joint understanding within the Supervisory Board on the strategic direction of Thyssenkrupp were the basis for my work and a pre-requisite for my promise to Berthold Beitz to successfully further develop the company in the interest of customers, employees and shareholders. This is now no longer given, i take this step consciously to enable a fundamental discussion with our shareholders on the future of Thyssenkrupp. My decision may contribute to creating the necessary awareness with all concerned parties that a break-up of the company and the related loss of many jobs is not an option – neither in the interest of the founder, nor in the interest of the country.

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