Ekkehard Schulz

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Person.png Ekkehard Schulz   IMDBRdf-entity.pngRdf-icon.png
(businessman)
Ekkehard Schulz 001.jpg
Born24 July 1941
Bromberg, Germany (Now Poland)
NationalityGerman
Alma materClausthal Technical University
German industrial manager and triple Bilderberger.

Ekkehard Schulz is the former CEO and Chairman of the Executive Board of steel maker ThyssenKrupp AG and has been a member of this organization since 1991. Following his retirement in January 2011 he was appointed to the Supervisory Board of ThyssenKrupp AG.

Early life

Ekkehard Schulz was born in the city of Bromberg (in modern-day Poland, but at the time of his birth part of Nazi Germany). He attended school at Clausthal Technical University studying metallurgy from which he graduated in 1971. He was a research assistant and chief engineer at Clausthal University, which can be found under Institute of Technology from 1967 to 1972 while obtaining his doctorate degree in metallurgical engineering. In 1999 he was awarded an honorary professorship by Clausthal University of Technology. In just two years he was awarded two different doctor's degrees from two different schools. In 2004 he received an honorary doctor title from Berlin University and in 2005 another from Aachen University.[1]

1970s and 1980s

After working as a research assistant and chief engineer at Clausthal University he moved on to Thyssen in 1972. When he began working for their organization his work focused on technology in different areas of the business. Schulz worked in the technology part of the organization until 1984 when he began to move up into the higher positions of the business group. In 1985 he was appointed deputy member and in 1986 regular member of the Executive Board of Thyssen Stahl AG where his job was being responsible for production. In 1988 he became Head of Technology at Thyssen Stahl AG.

1990s

His career moved forward in the 1990s as he moved up in the company. In 1991 he was appointed Chairman of the Executive Board of Thyssen Stahl AG and member of the Executive board of Thyssen AG.[2] In 1999, together with Gerhard Cromme, he was one of the initiators of the merger of Krupp-Hoesch and Thyssen to form ThyssenKrupp AG. From 1999 until retirement January 2011 he was CEO of ThyssenKrupp AG, and then was a member of the Supervisory board of ThyssenKrupp AG until the end of 2011.[3]

He had to resign from the Supervisory board at the end of the same year, after billions of dollars in losses caused by the construction of a new steel plant in Brazil became apparent. During the construction of the plant, the projected costs had been far exceeded, and in addition, steel prices collapsed due to the financial crisis. Thyssen-Krupp made write-downs of EUR 2.1 billion on the steel business in Brazil and the USA and reported in the financial year 2010/2011 (30. September) a loss of 1.8 billion euros.[4][5]

He was represented on the supervisory boards of several companies such as MAN AG, Deutsche Bahn (until June 30, 2006), Commerzbank and Preussag Ag.[6] After leaving Thyssenkrupp, Schulz was on four supervisory boards (as of March 2013): Axa, Bayer, MAN and RWE. [7] He held positions at the Fraunhofer-Gesellschaft and Acatech.[8] He also dealt with the issue of raw materials on behalf of the BDI and the federal government.

In August 2010, Schulz and about 40 other prominent figures signed the energy policy appeal for an extension of the life of German nuclear power plants.[9]


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/200230 May 20022 June 2002US
Virginia
Chantilly
Westfields Marriott
The 50th Bilderberg, held at Chantilly, Virginia.
Bilderberg/20055 May 20058 May 2005Germany
Rottach-Egern
The 53rd Bilderberg, 132 guests
Bilderberg/20068 June 200611 June 2006Canada
Ottawa
54th Bilderberg, held in Canada. 133 guests
WEF/Annual Meeting/200724 January 200728 January 2007SwitzerlandOnly the 449 public figures listed of ~2200 participants
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References