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Thyssen manager steps down after accepting gift from business partner


FRANKFURT (Reuters) - The head of ThyssenKrupp's <TKAG.DE> Industrial Solutions business, Jens Wegmann, has stepped down after accepting a gift from a business partner.

"I realize that my conduct in my dealings with a sales partner was not in line with ThyssenKrupp's values and that I can no longer credibly drive the necessary changes at Industrial Solutions," Wegmann said in a statement on Thursday.

The unit's chief financial officer, Stefan Gesing, will assume Wegmann's duties on an acting basis, ThyssenKrupp said.

Wegmann had admitted accepting a golden bracelet for his wife from a Pakistani business partner.


(Reporting by Arno Schuetze; Editing by Mark Potter)

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