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BASF announces board reshuffle

December 20, 2020
Energy & Chemical Value Chain

The supervisory board of BASF has today appointed Melanie Maas-Brunner as a member of the company’s executive board, effective 1 February 2021, under a wider redistribution of BASF’s executive responsibilities. She will succeed Wayne Smith, who is leaving the company on 31 May 2021.

Maas-Brunner has been with BASF since 1997 and has headed the company’s nutrition and health division since 2017. She will also take over the position of chief technology officer from BASF chairman Martin Brudermüller and assume responsibility for the three research divisions: advanced materials and systems research, bioscience research, and process research and chemical engineering, as well as the BASF New Business operation on 1 February.

Smith has been with BASF for 16 years and been a board member since 2012. He is currently responsible for North America and the monomers, performance materials, petrochemicals, and intermediates divisions, as well as process research and chemical engineering.

Michael Heinz will take over Smith’s responsibilities in North America on 1 June 2021 after a transition period and retain his responsibilities for South America. Maas-Brunner will additionally take over the European site and Verbund management responsibilities, as well as global engineering services and corporate environmental protection, health, and safety, and the role of industrial relations director from Heinz on the same date.

Effective 1 June, Brudermüller will also be responsible for corporate legal, compliance, tax, and insurance; corporate development; corporate communications and government relations; corporate human resources; and corporate investor relations. BASF vice chairman, CFO, and chief digital officer Hans-Ulrich Engel will additionally be responsible for corporate finance, corporate audit, global business services, global digital services, and global procurement.

BASF’s other board members are Saori Dubourg and Markus Kamieth. From 1 June, Dubourg will be responsible for agricultural solutions, nutrition and health, care chemicals, and Europe. Kamieth will be responsible for dispersions and pigments, catalysts, coatings, and performance chemicals; Greater China, south and east Asia, ASEAN, and Australia/New Zealand; and mega projects in Asia.

by Ian Young

Source: chemweek.com

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