Finance
Thyssenkrupp Nucera extends CEO contract, names new CFO
Published by Global Banking & Finance Review®
Posted on January 24, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 24, 2025
1 min readLast updated: January 27, 2026
Thyssenkrupp Nucera extends CEO contract to 2030 and names Stefan Hahn as new CFO. Arno Pfannschmidt to retire in 2025, and Fulvio Federico steps down.
BERLIN (Reuters) - Thyssenkrupp Nucera on Tuesday extended CEO Werner Ponikwar's contract by a further five years, until July 2030, and named Stefan Hahn as its new CFO effective from March 1.
Hahn will succeed Arno Pfannschmidt, who would reach the age limit of 65 years during an extended term and will retire at the end of February 2025, according to the German hydrogen firm.
In addition, technology chief Fulvio Federico decided to step down from the management board for personal reasons, said the company, adding that an orderly succession process has been initiated.
(Reporting by Miranda Murray, editing by Thomas Seythal)
The article discusses Thyssenkrupp Nucera's extension of CEO Werner Ponikwar's contract and the appointment of Stefan Hahn as the new CFO.
Stefan Hahn has been appointed as the new CFO, effective March 1.
Arno Pfannschmidt is retiring as he will reach the age limit of 65 during an extended term.
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