ThyssenKrupp boards back conglomerate strategy-CEO


DUESSELDORF, Germany, May 22 (Reuters) - Germany's ThyssenKrupp will retain its conglomerate structure, sticking to its strategy of broadly diversifying risks and rebuffing criticism from some investors who have called for a break-up of the company. "Everyone on the management and supervisory boards supports the strategy unanimously," said ThyssenKrupp Chief Executive Ekkehard Schulz, who will soon turn 66. Schulz's contract expires in January 2009, and analysts believe a decision will ...

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