ThyssenKrupp restructuring gathers pace

Arne Wittig is set to leave his chief legal officer role at Deutsche Bank to become general counsel at German steel and industrial conglomerate ThyssenKrupp.
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Hot move: Steel-makers ThyssenKrupp get former bank man

Hot move: Steel-makers ThyssenKrupp get former bank man

The Lawyer newspaper reports that ThyssenKrupp is currently restructuring its legal department into separate divisions for legal matters and compliance.
Mr Wittig had been at the Frankfurt office of Deutsche Bank – with responsibility for Germany and Central and Eastern Europe – since 2004, but will now oversee the new legal division at ThyssenKrupp when he takes charge from the beginning of October.

Compliance officer

‘In Arne Wittig we’ve recruited a high calibre new general counsel who through his many years of work at Deutsche Bank brings wide-ranging experience in providing legal counsel to a leading DAX company,’ commented Ju?rgen Claassen, the ThyssenKrupp executive board member charged with overseeing the company’s legal and compliance functions.
The compliance division will be led by newly appointed compliance officer Cristoph Klahold, who has been with the company since 2000 and has played a key role in developing its compliance programme.

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