Steel Mills
Guido Kerkhoff Named CEO of Klöckner & Co SE
Written by Sandy Williams
May 14, 2021
Klöckner & Company SE is under the new leadership of Guido Kerkhoff, effective May 13, 2021.
Kerkhoff has been responsible for Europe business operations as Deputy Chairman of the Management Board since the beginning of September 2020. In the planned transition, he succeeds Gisbert Rühl, a member of the Management Board since 2006 and CEO since 2009.
Kerkhoff presented at the Annual General Meeting the company’s new digital transformation strategy that is expected to increase sales and profitability significantly by 2025.
“With our new strategy, ‘Klöckner & Co 2025: Leveraging Strengths,’ we are again focusing on sustainable growth,” said Kerkhoff. “As a digital pioneer in the steel industry, we have spent the past years building clear strengths and competencies, which we will now leverage in a targeted manner to take Klöckner & Co to the next level. To achieve that, we will invest in our employees and our digital transformation.”
Additionally, Klöckner announced the appointment of Bernard Weiß, effective June 1, 2021, to the Group Management Board and as CEO Europe. He will be responsible for EU activities in Austria, Belgium, France, Germany and the Netherlands. Weiß has been the CEO of the French operations for the past several years and will now also take over management of Klöckner & Co Deutschland.
As of June 1, 2021, the Group Management Board of Klöckner & Co SE will consist of Guido Kerkhoff, CEO; Dr. Oliver Falk, CFO; John Ganem, CEO Americas; and Bernhard Weiß, CEO Europe.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
SDI’s Q1 earnings slump on-year, but up sequentially
SDI earnings slip in first quarter year over year, but are up sequentially.
POSCO inks MoU with Hyundai on Louisiana EAF mill
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.
CRU: Tata Steel looks to shed 1,600 jobs in the Netherlands
The company said, “The challenging demand conditions in Europe driven by geopolitical developments, trade and supply chain disruptions and escalating energy costs have affected the operating costs and financial performance."
Reports: Federal funding for Cliffs’ project could be slashed
Elon Musk's DOGE is determining which Department of Energy grants to advance and which ones to terminate, according to several media outlets
Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.