Michael Schmäing Email and Phone Number
Market-driven and entrepreneurial manager with leadership positions for >10 years.Focusing on M&A projects and the positive impact of my personal managerial behavior in growth and restructuring projects.Practical and theoretical knowledge in Finance, Controlling, and Accounting (HGB and IFRS) combined with an entrepreneurial background and a strong focus on customer needs and margin optimization, I am able to develop and implement market related strategies.My operational and technical interest supported me in gaining deep insights in the banking, steel and materials trading industry.Successfully implemented an ICS in the materials business of thyssenkrupp.Merged the Infrastructure business of thyssenkrupp, and laid the basis for a successful divestment.Sold the operational sites of thyssenkrupp’s railway business and run the operational business in Poland together with the local management until full closure of the transaction.Developed and implemented the successful market-driven strategy for thyssenkrupp’s stainless business. Supported in the divestment of the AST Group to Arvedi and ran the full-cycle profitable German branch as a strongly business and market specialized CFO.Since 2023 CFO of Doerrenberg, the largestmill-independent tool and special steel stockholder and service-cener in Europe with a global footprint in Asia and Americas.
Dörrenberg Edelstahl
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CfoDörrenberg Edelstahl Sep 2023 - PresentEngelskirchen, Nordrhein-Westfalen, DeutschlandResponsible for:- Finance- Accounting- HR operations- IT -
CfoAst Deutschland Gmbh Oct 2019 - Sep 2023Dortmund, Nordrhein-Westfalen, DeutschlandAST Deutschland is the leading service center in Central Europe with a strong customer focus and an outstanding technical experience. Our highest quality standards serve any market and by concentrating on the individual need of all customers we make sure that our customers gain important competitive advantages. -
Vice PresidentThyssenkrupp Stainless Turkey Oct 2020 - Feb 2022Istanbul, Türkeitk Stainless Turkey is one of our three Service Center in Europe, focusing on serving customers with high end quality products in South-East Europe and the MENA region.Being, together with the CEO of OU Distribution Stainless, responsible for the strategic development and all required finance and administrative decisions on OU level to emphasize and allow the entity to i its ambitious growth and efficiency targets within the network of AST service centers.Being in entrepreneurial and professional exchange, as well as defining targets and measures to achieve our ambitious network strategy is a great part of my role. -
Group Board Member / Kaufmännischer LeiterThyssenkrupp Stainless Gmbh Oct 2019 - Feb 2022Essen, Nordrhein-Westfalen, DeutschlandBeing responsible for Finance and Administration in a strongly customer focused environment.In our European network, three benchmarking level service center are managed and the mill sales activities for the thyssenkrupp Stainless activities (AST, Terni). As the Board member responsible for Finance and Administration, I’m proud to be part of a great team that created in the recent year a strong market coverage for our stainless steel products and formed recently a strong network of service centers (ESC Dortmund, Terninox Milano and tk Stainless Istanbul).
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GeschäftsführerThyssenkrupp Edelstahl-Service-Center Gmbh Oct 2019 - Sep 2021Willich, Nordrhein-Westfalen, Deutschland
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Head Of Corporate DevelopmentAcciai Speciali Terni Mar 2017 - Sep 2019Terni Und Umgebung, Italien -
Head Of IcsThyssenkrupp Materials Services Jan 2016 - Feb 2017Essen Und Umgebung, DeutschlandResponsible for evolving the internal control system of tk Materials national and international subsidiaries as well as for our business area in general. Process and control improvement. -
Managerial Accounting / ControllingThyssenkrupp Materials International Oct 2013 - Dec 2015Essen Und Umgebung, DeutschlandPerformance Controlling of national and international subsidiaries.ICS and Risk Management.Restructuring and divestment of companies. -
Board PresidentAct E. V. - Studentische Unternehmensberatung Nov 2011 - Sep 2012Essen Und Umgebung, Deutschland∙ Making strategic decisions in consultation with the board and fellow students on projects and staff∙ Representing act e.V. at university, to curators and to customers
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Head Of CrmAct E. V. - Studentische Unternehmensberatung Dec 2009 - Nov 2011∙ Creating and maintaining customer relationships∙ Drafting of offers and contracts // bidding on invitations for tenders∙ Selecting, controlling and participating of/in consulting projects (e.g. RBSC)
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Internship ControllingThyssenkrupp Feb 2012 - Jul 2012Essen Und Umgebung, Deutschland∙ Financial controlling of national and international subsidiaries∙ Developing a compliance risk questionnaire in collaboration with the legal department∙ Evaluating companies within the due-diligence process in M&A -
Asset Planner / Entrepreneurial AdvisorMerck Finck Treuhand Jun 2008 - Sep 2008Düsseldorf Und Umgebung, DeutschlandCreating strategic asset plans and scrutinizing business plans
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Vocal Training As A Bank ClerkMerck Finck & Co - Privatbankiers Aug 2006 - May 2008München Und Umgebung, DeutschlandTraining and tasks in the following departments: Private Wealth Management // Strategic Wealth Planning // Trading // Research // Accounting // Management assistance
Michael Schmäing Education Details
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Finance & Management -
Business Administration
Frequently Asked Questions about Michael Schmäing
What company does Michael Schmäing work for?
Michael Schmäing works for Dörrenberg Edelstahl
What is Michael Schmäing's role at the current company?
Michael Schmäing's current role is CFO at Doerrenberg - business-oriented decision maker and efficient process optimizer.
What schools did Michael Schmäing attend?
Michael Schmäing attended University Of St. Andrews, Universität Duisburg-Essen, Standort Essen, Lund University.
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