Germany: Reorganization BASF Reduces Executive Board from Seven to Six Members
BASF reduces Board of Executive Directors from seven to six members BASF has announced that its Board of Executive Directors will be reduced from seven to six members as of January 1, 2020. Board member Sanjeev Gandhi will leave the company at his own request.
Ludwigshafen - As part of the ongoing efficiency measures at BASF, the Board of Executive Directors will be reduced by one member starting next year. As part of the reorganization, the company's cross-divisional service units "Global Engineering Services", "Global Digital Services" and "Global Business Services" will also assume end-to-end services.
As a result of these changes, the Board of Executive Directors has decided to reallocate responsibilities as of January 1, 2020:
Dr. Martin Brudermüller (58), Chairman of the Executive Board and Chief Technology Officer
Corporate Legal, Compliance, Tax & Insurance; Corporate Development; Corporate Communications & Government Relations; Corporate Human Resources; Corporate Investor Relations
Dr. Hans-Ulrich Engel (60), Deputy Chairman of the Management Board and Chief Financial Officer
Corporate Finance; Global Procurement; Global Business Services; Global Digital Services; Corporate Audit
Saori Dubourg (48)
Agricultural Solutions; Care Chemicals; Nutrition & Health; Construction Chemicals; Bioscience Research; Europe Region
Michael Heinz (55), Labor Relations Director
Global Engineering Services; Corporate Environmental Protection, Health & Safety; European Site & Verbund Management; South America Region
Dr. Markus Kamieth (48), based in Asia
Catalysts; Coatings; Dispersions & Pigments; Performance Chemicals; Advanced Materials & Systems Research; BASF New Business; Greater China; South & East Asia, ASEAN & Australia/New Zealand
Wayne T. Smith (59), with registered offices in North America
Monomers; Performance Materials; Petrochemicals; Intermediates; Market & Business Development, Site & Verbund Management North America; Country Platforms North America; Process Research & Chemical Engineering