Richard Foerster (industrialist)

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Richard Foerster (born October 25, 1869 in Chemnitz ; † August 8, 1940 in Baden-Baden ) was a German graduate mining engineer and a member of the supervisory board of Friedrich Krupp AG .

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Born as the son of the Saxon secret mountain councilor Bernhard Foerster (1840-1904) and his wife Dorothea nee Küttner (1841-1910), Richard Foerster studied after graduating from the Vitzthum-Gymnasium in Dresden until 1895 at the Bergakademie in Freiberg in Saxony . Then he took over the management of a Mexican silver mine.

In 1897 Foerster entered the service of Friedrich Krupp AG by becoming the representative of the works director of the Hannover colliery in Bochum . In 1900 he was appointed to the management board of the Krupp mining administration in Weilburg (brown iron and red iron stone mines), which was dissolved in 1971. After he was appointed to Essen by Krupp at the beginning of 1915 , the company made him a full member of the board of directors in charge of the overall management of its coal and ore mines. His system of temporary workers secured the supply of the group with ores and fuels during the First World War , as these had been endangered by blockages and increasing transport difficulties. His main activity after the lost war was to maintain and broaden the raw material base through structural changes in the company. With an agreement with the mine de Rochonvillers in 1921 he secured the supply of Minette ores from Lorraine , because the Krupp mine in Languimberg near Lorraine had been ceded to France. He also prepared the acquisition of the Constantin der Große hard coal mine in Bochum and Helene-Amalie in Essen and enabled Krupp to acquire sole ownership of the Emscher-Lippe colliery in Datteln by purchasing the shares in North German Lloyd .

When the board of directors of Friedrich Krupp AG resigned in its entirety for organizational reasons in 1925, Richard Foerster was elected to the company's supervisory board, to which he was a member until his death in 1940.

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personal data
SURNAME Foerster, Richard
BRIEF DESCRIPTION German industrialist
DATE OF BIRTH October 25, 1869
PLACE OF BIRTH Chemnitz
DATE OF DEATH August 8, 1940
Place of death Baden-Baden