November 16, 2012 / 8:11 AM / 5 years ago

Salzgitter steel chief steps down

FRANKFURT, Nov 16 (Reuters) - Salzgitter AG said Johannes Nonn, the board member in charge of its steel business, was leaving the company to become chief executive of Swiss steel maker Schmolz + Bickenbach.

Chief Executive Joerg Fuhrmann will oversee the steel business until the company’s reorganisation project “Salzgitter AG 2015” is completed, which will likely be in mid-2013, Salzgitter said on Friday. (Reporting by Maria Sheahan)

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