Michael Zobel to Lead Lanxess Subsidiary Saltigo

Germany: Management Decision Michael Zobel to Lead Lanxess Subsidiary Saltigo

2020-02-12Editor: Ahlam Rais

Michael Zobel will succeed Torsten Derr and will be responsible for heading Saltigo from June 1, 2020. Previously, he was the head of the Lanxess High Performance Materials business unit and has also held numerous positions at Bayer and Lanxess.

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Michael Zobel will take over the management of Lanxess subsidiary Saltigo from Torsten Derr on June 1, 2020.
(Source: Lanxess)

Cologne/Germany – Personnel change at specialty chemicals company Lanxess: Michael Zobel (50), currently head of the High Performance Materials (HPM) business unit, will take over the management of Lanxess subsidiary Saltigo from Torsten Derr (50) on June 1, 2020. Saltigo is one of the leading suppliers in the field of custom manufacturing for customers in the agrochemical, pharmaceutical and specialty chemicals industries. Torsten Derr will leave Lanxess on June 30, 2020, to take up the position of Chairman of the Board of Management of SGL Carbon.

Torsten Derr has headed Saltigo since April 2016 and previously held various positions at Bayer and Lanxess since 1998. “We are delighted to have won Michael Zobel, an experienced manager from our own ranks, to head Saltigo. Over the past ten years, he has strategically realigned our high-tech plastics business and made it fit for the future. I wish him every success in his new role,” said Lanxess CEO Matthias Zachert.

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Michael Zobel has been head of the Lanxess High Performance Materials business unit since October 2010. Its portfolio comprises mainly high-tech plastics for the automotive and electrical industries. Prior to this, he held various positions at Bayer and Lanxess since 1997.

The name of Michael Zobel’s successor as head of the HPM business unit will be announced at a later date.

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