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Gerhard Cromme

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Person.png Gerhard Cromme  Rdf-entity.pngRdf-icon.png
businessman)
Gerhard Cromme.jpg
Born25 February 1943
 Vechta,  Germany
Nationality Germany
Alma mater Harvard Business School
Member ofCouncil on Foreign Relations/Global Board of Advisors, European Round Table of Industrialists
Deep state connected German businessman visitor to the Bilderberg 2000

Employment.png Chairman

In office
2007 - 2017
EmployerSiemens
Preceded byAntony Burgmans, Anthony Cooke

Gerhard Cromme is a German business manager who was Chairman and member of the Supervisory Board of several large German companies. He attended the 2000 Bilderberg meeting, and sat on the Global Board of Advisors of the Council on Foreign Relations.

Education

Cromme studied law and economics from 1962 to 1971 in Münster, Lausanne, Paris and Harvard, where he attended the Advanced Management Program.[1] In Münster he became a member of the Catholic student association KStV Germania.

Career

In 1971 he started his career at the Compagnie de Saint-Gobain and after that he was Chairman of the Management Board of Vereinigte Glaswerke GmbH (VEGLA) in Aachen and Deputy General Delegate for the German branch of Saint-Gobain.[2]

Steel companies

In 1986, he joined the Krupp Group, first as Chairman of Krupp Steel in Bochum, and most recently as Chairman of the Board of Fried. Krupp AG Hoesch-Krupp. In November 1987, Cromme went through a long and hard-fought labor dispute. He closed the plant in Duisburg–Rheinhausen – against the resistance of the steel workers employed there.[3] Younger employees were transferred to other companies in the region; older employees were able to retire early (subsidized by the state). The hostile takeover of the Ruhr competitor Hoesch in 1992 was largely based on his initiative.

In 1999, he was one of the initiators of the merger of Krupp and Thyssen to form ThyssenKrupp AG. Until September 2001, together with former Thyssen manager Ekkehard Schulz, he was Chairman of the Executive Board of ThyssenKrupp ("dual leadership"), then he became Chairman of the Supervisory Board.

In view of the misconduct of top managers at ThyssenKrupp during his tenure as Chairman of the Supervisory Board, the Association of Supervisory Board Members in Germany (VARD) informed him in January 2013 that he was close to having to resign from the post of Chairman of the Supervisory Board, as his previous handling of the scandals at ThyssenKrupp "cast a false image on those supervisory boards who are trying to practice good corporate governance with great seriousness and credibility".[4]

Cromme resigned from office on 8 March 2013 with effect from 31 March.[5]

Siemens

Cromme became a member of the Supervisory Board of Siemens AG in January 2003 and was Chairman of the Supervisory Board from 2007 to 2017. His successor in January 2018 was Jim Hagemann Snabe.

Other board postilions

He was a member of the following Supervisory boards: Compagnie de Saint-Gobain[6], Allianz (until August 15, 2012)[7], Axel Springer SE (2002 until April 2014),[8] Deutsche Lufthansa AG (until June 30, 2007),[9] Hochtief AG (until May 10, 2006), E.ON, BNP Paribas, Suez S.A., Volkswagen AG and Thales S.A..[10]

Cromme became Chairman of the Supervisory Board of Auto1 Group in 2017.[11]

Until 30 June 2008, Cromme was Chairman of the Government Commission on the German Corporate Governance Code and was thus significantly involved in the restructuring of German corporate and capital markets law.[12]

In August 2010, Cromme and about 40 other prominent people signed the energy policy appeal for an extension of the operating life of German nuclear power plants.

Cromme has been a member of the International Advisory Council of European School of Management and Technology Berlin since 2016.[13]


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/20001 June 20004 June 2000Belgium
Brussels
Genval
The 48th Bilderberg, 94 guests
WEF/Annual Meeting/201126 January 201130 January 2011Switzerland
WEF
2229 guests in Davos, with the theme: "Shared Norms for the New Reality".
WEF/Annual Meeting/201225 January 201229 January 2012Switzerland
WEF
2113 guests in Davos
WEF/Annual Meeting/201323 January 201327 January 2013Switzerland
WEF
2500 mostly unelected leaders met to discuss "leading through adversity"
WEF/Annual Meeting/201422 January 201425 January 2014Switzerland
WEF
2603 guests in Davos considered "Reshaping The World"
WEF/Annual Meeting/202021 January 202024 January 2020Switzerland
WEF
This mega-summit of the world's ruling class and their political and media appendages happens every year, but 2020 was special, as the continuous corporate media coverage of COVID-19 started more or less from one day to the next on 20/21 January 2020, coinciding with the start of the meeting.
WEF/Annual Meeting/202222 May 202226 May 2022Switzerland
WEF
1911 guests in Davos
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References