United Kingdom, London: Tata Steel announced that Karl Koehler, the Chief Executive Officer of its overseas branch Tata Steel Europe, has resigned, and CTO Hans Fischer has been appointed as its new chief.
Koehler, who took over as Tata Steel Europe's CEO and Managing Director in October 2010, has resigned from the post, effective February 29, 2016, Tata Steel Europe stated in a press release.
Hans Fischer will assume the charge of Tata Steel Europe's CEO from March 1, 2016.
A former CEO of German engineering giant ThyssenKrupp's Steel Americas, Fischer joined the firm as Chief Technical Officer in July 2012.
Source: Tata Steel Europe