Age, Biography and Wiki
Heinrich Hiesinger was born on 25 May, 1960 in Bopfingen, Germany, is a German engineer and manager (born 1960). Discover Heinrich Hiesinger's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 63 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
63 years old |
| Zodiac Sign |
Gemini |
| Born |
25 May, 1960 |
| Birthday |
25 May |
| Birthplace |
Bopfingen, Germany |
| Nationality |
Germany
|
We recommend you to check the complete list of Famous People born on 25 May.
He is a member of famous engineer with the age 63 years old group.
Heinrich Hiesinger Height, Weight & Measurements
At 63 years old, Heinrich Hiesinger height not available right now. We will update Heinrich Hiesinger's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Heinrich Hiesinger Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Heinrich Hiesinger worth at the age of 63 years old? Heinrich Hiesinger’s income source is mostly from being a successful engineer. He is from Germany. We have estimated Heinrich Hiesinger's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
engineer |
Heinrich Hiesinger Social Network
Timeline
Heinrich Hiesinger (born 25 May 1960) is a German engineer and manager who served as the CEO of ThyssenKrupp from 2011 until 2018.
The eldest of six children raised on a farm, Hiesinger was born in Bopfingen in southern Germany and grew up on a farm.
He obtained a PhD in Electrical engineering at the Technical University of Munich, Germany.
From 1992 to 2010, Hiesinger held several positions within the Siemens Group.
From 1999 until 2000, he led Siemens Metering AG, based in Switzerland.
When a corruption scandal led to a major management reshuffle in 2007, he became a member of the board of Siemens, under the leadership of CEO Peter Löscher.
In 2008 he was additionally appointed CEO of the Industry Sector of Siemens and head of the central department Corporate Information Technology.
In that capacity, during that time, he cut 2,000 jobs at the company's Industry Sector.
On 1 October 2010, Hiesinger left Siemens to join the board of ThyssenKrupp.
On 21 January 2011, Hiesinger succeeded Ekkehard Schulz as CEO; he was the first ThyssenKrupp CEO to be hired from outside the steel industry when Chairman Gerhard Cromme brought him over from Siemens.
In that capacity, he was responsible for the Asia/Pacific and China regions.
Upon becoming CEO, Hiesinger tried to shift the focus of ThyssenKrupp from the volatile steel sector to higher-margin products and services such as elevators, industrial plants and high-performance car parts.
Within the first three years, he replaced about 70 percent of the 40 top managers, cut annual costs by 600 million euros and sold off ThyssenKrupp units – including civil shipbuilding and various steel units – with at least 10 billion euros ($13.6 billion) of annual sales, a quarter of group turnover.
In his capacity at ThyssenKrupp, Hiesinger was part of Chancellor Angela Merkel's delegation on state visits to China in 2012, 2014 and 2016.
Under his leadership, the company reported its first net profit in four years in 2014.
During the Hannover Messe in April 2016, he was among the 15 German CEOs who were invited to a private dinner with President Barack Obama.
By 2017, ThyssenKrupp's shares lost 18 percent during Hiesinger's time in office, underperforming an 87-percent rise in the DAX, but performed more strongly than ArcelorMittal, the world's biggest steelmaker.
At the 2018 World Economic Forum in Davos, he attended a dinner of President Donald Trump with a group of European CEOs.
On 7 July 2018, the supervisory board agreed to Hiesinger's request to terminate his contract.
That year, Hiesinger's contract was renewed ahead of time until 2020, a sign of approval from the company's two biggest shareholders, the Alfried Krupp von Bohlen und Halbach Foundation and activist investor Cevian.
