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Martina Merz should receive millions in compensation

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Martina Merz, outgoing CEO of Thyssen-Krupp

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The departure of Merz came as a surprise to investors, which is reflected in the collapse in the share price.

(Photo: dpa)

Dusseldorf, Berlin The outgoing CEO of Thyssen-Krupp, Martina Merz, could get a million-dollar settlement despite her voluntary departure. Talks about a corresponding payment with representatives of the supervisory board were planned for the coming days, the Handelsblatt learned from those close to the top manager.

It is now unclear whether it will stay that way or whether she will withdraw from the talks after the information has become public. A spokesman for the company initially did not want to comment on a corresponding request from the Handelsblatt about the planned talks. The dpa news agency later reported, referring to a spokesman, that Merz did not want any severance pay when she retired from the top management.

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