Professional background and education
Prof. Dr. Michael Süss was elected to the Board of Directors and as Chairman of the Board at the 2015 Annual General Meeting. From 2015 to 2016, Prof. Dr. Süss held the position of CEO at Georgsmarienhütte Holding, a traditional German steel company. Prior to that, he was a member of the Managing Board of Siemens AG and CEO of the Siemens Energy Sector. From 2008 to 2011, he served as CEO of the Fossil Power Generation Division of the Energy Sector and was a member of the Group Executive Management of the Siemens AG Power Generation Group from October 2006 to December 2007. From 2001 to 2006, Prof. Dr. Süss was COO at MTU Aero Engines, where he was significantly involved in the initial public offering of the company. Before joining MTU, he worked in the automotive industries, holding various management and Board positions at BMW and Porsche. Prof. Dr. Süss graduated with a degree in Mechanical Engineering from the Technical University of Munich, Germany, and completed his doctorate in 1994 at the Institute for Industrial Science/ Ergonomics at the University of Kassel (Dr. rer. pol.), Germany. On October 29, 2015, Michael Süss was awarded the honorary professorship of the TU Munich.
Other activities and vested interests
Prof. Dr. Süss is Executive Vice President for Asset Management of Witel AG (former Renova Management AG) and First Deputy Chairman of the Supervisory Board of Verbund AG.