Thyssenkrupp CEO's contract to be extended ahead of schedule, newspaper reports

The contract of Thyssenkrupp TKA CEO Miguel Lopez is to be extended ahead of schedule, Welt am Sonntag newspaper reported on Friday, citing company sources.

The contract - which is due to end in the first half of 2026 - will be formally extended at an extraordinary supervisory board meeting on June 20, the sources said.

Thyssenkrupp did not immediately reply to an emailed request for comment from Reuters.