Thyssenkrupp Said to Mull Leadership Changes at Industrial Unit

Thyssenkrupp AG has discussed changing the leadership of its industrial services division in an effort to turn around the unprofitable business at the heart of the this year’s crisis, according to people familiar with the matter. No decision has been made and it’s possible that Thyssenkrupp’s executives will opt to not make any changes, said the people, who asked not to be identified discussing personnel matters. The talks show that Thyssenkrupp is wrestling with how to change direction at industrial services, which builds a wide range of products from submarines to cement factories and car assembly lines.