| CEO Name | Miguel Angel Lopez Borrego |
| Nationality | Spain |
| Net Worth Estimation | $5 million |
Miguel Angel Lopez Borrego's estimated net worth of around $5 million USD reflects his compensation packages, bonuses, corporate benefits, and previous executive roles at companies like Siemens Gamesa and ABB. Public filings and industry comparisons support this valuation for top-tier German industrial CEOs.
Miguel Angel Lopez Borrego, CEO of Thyssenkrupp AG, has an estimated net worth of $5,000,000, which is about 5.56% of the maximum estimated net worth ($90,000,000) for CEOs in the manufacturing category. His net worth is well above the minimum estimation of $0 for this sector.
Business Category: Manufacturing
Minimum Net Worth (estimation): 0 USD
Maximum Net Worth (estimation): 90000000 USD
Miguel Angel Lopez Borrego Performance in Thyssenkrupp AG
Miguel Angel Lopez Borrego, CEO of Thyssenkrupp AG, demonstrates decisive leadership by driving strategic restructuring and innovation initiatives, enhancing operational efficiency across global steel and industrial segments. His decision-making emphasizes cost reduction, digital transformation, and portfolio optimization, resulting in strengthened financial stability and market competitiveness. Under his tenure, Thyssenkrupp has improved performance metrics, including profitability and shareholder value, positioning the company for sustainable growth in a challenging industry landscape.
Latest News
Thyssenkrupp AG Faces Leadership Crisis as Steel Unit CEOs Resign Amid Strategic Disputes
Thyssenkrupp's steel division CEO Bernhard Osburg and chairperson resigned due to escalating tensions with Thyssenkrupp's parent company over strategic plans, creating a leadership vacuum while complicating ongoing attempts to sell the steel unit. Meanwhile, Miguel Lopez, CEO of Thyssenkrupp AG since May 2023, continues portfolio reorganizations despite financial challenges and aims to spin off or sell divisions like the steel and marine units.
Source: http://www.dailysabah.com/business/economy/crisis-at-thyssenkrupp-as-steel-units-leadership-steps-down