Michael Schmäing

Michael Schmäing Email and Phone Number

CFO at Doerrenberg - business-oriented decision maker and efficient process optimizer @ Dörrenberg Edelstahl
Michael Schmäing's Location
Essen, North Rhine-Westphalia, Germany, Germany
About Michael Schmäing

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.

Michael Schmäing's Current Company Details
Dörrenberg Edelstahl

Dörrenberg Edelstahl

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CFO at Doerrenberg - business-oriented decision maker and efficient process optimizer
Michael Schmäing Work Experience Details
  • Dörrenberg Edelstahl
    Cfo
    Dörrenberg Edelstahl Sep 2023 - Present
    Engelskirchen, Nordrhein-Westfalen, Deutschland
    Responsible for:- Finance- Accounting- HR operations- IT
  • Ast Deutschland Gmbh
    Cfo
    Ast Deutschland Gmbh Oct 2019 - Sep 2023
    Dortmund, Nordrhein-Westfalen, Deutschland
    AST 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.
  • Thyssenkrupp Stainless Turkey
    Vice President
    Thyssenkrupp Stainless Turkey Oct 2020 - Feb 2022
    Istanbul, Türkei
    tk 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.
  • Thyssenkrupp Stainless Gmbh
    Group Board Member / Kaufmännischer Leiter
    Thyssenkrupp Stainless Gmbh Oct 2019 - Feb 2022
    Essen, Nordrhein-Westfalen, Deutschland
    Being 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).
  • Thyssenkrupp Edelstahl-Service-Center Gmbh
    Geschäftsführer
    Thyssenkrupp Edelstahl-Service-Center Gmbh Oct 2019 - Sep 2021
    Willich, Nordrhein-Westfalen, Deutschland
  • Acciai Speciali Terni
    Head Of Corporate Development
    Acciai Speciali Terni Mar 2017 - Sep 2019
    Terni Und Umgebung, Italien
  • Thyssenkrupp Materials Services
    Head Of Ics
    Thyssenkrupp Materials Services Jan 2016 - Feb 2017
    Essen Und Umgebung, Deutschland
    Responsible 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.
  • Thyssenkrupp Materials International
    Managerial Accounting / Controlling
    Thyssenkrupp Materials International Oct 2013 - Dec 2015
    Essen Und Umgebung, Deutschland
    Performance Controlling of national and international subsidiaries.ICS and Risk Management.Restructuring and divestment of companies.
  • Act E. V. - Studentische Unternehmensberatung
    Board President
    Act E. V. - Studentische Unternehmensberatung Nov 2011 - Sep 2012
    Essen 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
  • Act E. V. - Studentische Unternehmensberatung
    Head Of Crm
    Act 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)
  • Thyssenkrupp
    Internship Controlling
    Thyssenkrupp Feb 2012 - Jul 2012
    Essen 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
  • Merck Finck Treuhand
    Asset Planner / Entrepreneurial Advisor
    Merck Finck Treuhand Jun 2008 - Sep 2008
    Düsseldorf Und Umgebung, Deutschland
    Creating strategic asset plans and scrutinizing business plans
  • Merck Finck & Co - Privatbankiers
    Vocal Training As A Bank Clerk
    Merck Finck & Co - Privatbankiers Aug 2006 - May 2008
    München Und Umgebung, Deutschland
    Training and tasks in the following departments: Private Wealth Management // Strategic Wealth Planning // Trading // Research // Accounting // Management assistance

Michael Schmäing Education Details

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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