Changes in the Board of Executive Directors of BASF
The Supervisory Board of BASF SE today appointed Wayne T. Smith (51) to the Board of Executive Directors effective at the end of the Annual Meeting on April 27, 2012. Smith, an American, is currently head of BASF’s Polyurethanes division headquartered in Brussels, Belgium.
- (1888PressRelease) December 15, 2011 - After 15 successful years on the Board of Executive Directors, Dr. Stefan Marcinowski (58) will retire with the expiration of his contract following the Annual Meeting.
At the same time, the Supervisory Board has extended the appointment of Research Executive Director Dr. Andreas Kreimeyer (56) until the end of the Annual Meeting in May 2015. He has been a member of the Board of Executive Directors since 2003.
Following these changes, the Board of Executive Directors has decided to reassign the responsibilities of Ressort VI and VII effective at the end of the Annual Meeting.
Wayne Smith will take over responsibility for Ressort VI, previously headed by Andreas Kreimeyer, and be responsible for Inorganics, Petrochemicals, Intermediates and Process Research & Chemical Engineering.
Andreas Kreimeyer remains Research Executive Director and will take over responsibility for Ressort VII, previously headed by Stefan Marcinowski. He will be responsible for Crop Protection, Coatings, South America, Biological & Effect Systems Research, Plant Science and BASF Future Business.
About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109 ,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com or in its Social Media Newsroom at newsroom.basf.com .
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