Contract extensions on the Executive Board of thyssenkrupp Materials Services: Martin Stillger and Daniel Wodera appointed for another five years

Today, the Supervisory Board of thyssenkrupp Materials Services resolved the early reappointment of Martin Stillger to the segment's Executive Board for another five years from January 1, 2022 to December 31, 2026. He will also be appointed Chief Executive Officer at the same time - he previously held the post of Chairman. In addition, the Supervisory Board approved the extension of the contract of Daniel Wodera, Chief Financial Officer of thyssenkrupp Materials Services, by a further five years from October 1, 2022 to September 30, 2027.

The appointments give the Executive Board of the largest mill-independent materials distributor and service provider in the Western world a strong mandate for the strategic transformation path launched in 2019 with "Materials as a Service".

"Materials Services has strengthened its leading position in the industry in recent years. By extending the mandates of Martin Stillger and Daniel Wodera, we are sending a clear signal that we remain convinced of this path. Together with Ilse Henne as Chief Transformation Officer and Dr. Marc Schlette as Chief Human Resources Officer, the Materials Services Executive Board has significantly pushed forward the transformation of the company, optimized the site network, increased productivity and performance, and paved the way for a sustainable future," said Dr. Klaus Keysberg, CFO of thyssenkrupp AG and Chairman of the Supervisory Board of thyssenkrupp Materials Services GmbH.

Martin Stillger has been Chairman of the Executive Board of Materials Services since December 6, 2019. Daniel Wodera joined the Executive Board as CFO on October 1, 2019.

Image are available for download here (Source: thyssenkrupp Materials Services): https://transfer.thyssenkrupp.com/public/f125402a_d34e315045c99f673db7a4/

About thyssenkrupp Materials Services
thyssenkrupp Materials Services is the biggest mill-independent materials distributor and service provider in the Western world with around 380 locations - including around 260 warehouse sites - in more than 30 countries. The versatile range of services offered by the materials experts allows customers to focus even more strongly on their individual core businesses. As part of its strategic further development "Materials as a Service" the company is focusing on the supply of raw materials and materials as well as products and services in the area of supply chain management. Digital solutions ensure efficient and resource-saving processes for customers and thus provide the basis for sustainable action. From 2030 Materials Services will operate on a climate-neutral basis.

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